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Weekly Auction Results: 9/11/22-9/17/22

September 19, 2022 - Ashley Poduska
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There were 13 tracts of land that sold at auction between September 11th and September 17th. During these auctions, there was a total of 1,617 acres available for purchase with an average of 92% tillable acres.

Iowa Results:
Tracts Sold: 13
Average $/Acre: $12,117
Average $/Tillable: $13,255
Average $/CSR2: $171
Change from Prior Week: -3%
Change from 2022 Q2: -9%

The high sale of the week went to a Calhoun County 76.2-acre cropland farm, bringing $18,700/acre or $217/CSR2.

Below is a chart tracking the weekly change of $/CSR2 from the first week of January to now.

Minnesota Results:
Tracts Sold: 11
Average $/Acre: $9,201
Average $/Tillable: $10,794
Average $/PI: $130

 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
09-13-2022 MN Swift Cropland 78.10 $ 6,500 85.1
09-13-2022 IA Adair Cropland 160.00 $ 8,600 66.5
09-13-2022 MN Swift Cropland 80.20 $ 8,050 83.4
09-14-2022 MN Marshall Cropland 160.00 $ 5,300 52
09-14-2022 MN Blue Earth Cropland 80.00 $ 11,000 76.7
09-14-2022 IA Butler Cropland 80.00 $ 14,100 84.9
09-14-2022 MN Cottonwood Cropland 150.12 $ 13,200 95.1
09-14-2022 MN Cottonwood Cropland 160.04 $ 14,500 95.1
09-15-2022 IA Franklin Cropland 171.26 $ 9,240 76.2
09-15-2022 IA Franklin Cropland 39.00 $ 11,300 73.9
09-15-2022 IA Butler Cropland 76.20 $ 18,700 87.3
09-15-2022 MN Carver Cropland 148.10 $ 6,111 87.9
09-15-2022 MN Le Sueur Cropland 98.06 $ 4,303 78
09-15-2022 IA Franklin Cropland 209.41 $ 12,134 75.5
09-16-2022 MN Renville Cropland 120.00 $ 11,750 93.3
09-16-2022 IA Page Cropland 80.00 $ 12,400 85.4
09-16-2022 IA Fayette Cropland 80.00 $ 5,850 77.6
09-16-2022 IA Page Cropland 80.00 $ 12,400 85.4
09-16-2022 IA Mahaska Cropland 99.17 $ 12,100 83.8
09-16-2022 IA Clinton Cropland 77.86 $ 12,100 70.9
09-16-2022 IA Clinton Cropland 319.69 $ 12,500 71.9
09-16-2022 MN Renville Cropland 40.00 $ 10,500 91.7
09-16-2022 MN Renville Cropland 40.00 $ 10,000 90.3
09-17-2022 IA Scott Cropland 144.04 $ 16,100 73.9
Published in: Land Values