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Weekly Auction Results: 9/17/23-9/23/23

September 25, 2023 - Ashley Poduska
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35 tracts with a total of 3,296-acres were offered at public auction in Iowa the week of September 17. The average dollar per CSR2 was $174, which is down 4% from the previous week, and down 3% from Q2’s average of $179.

Iowa Results
Tracts Sold: 35
Average $/Acre: $12,508
Average $/Tillable: $14,276
Average $/CSR2: $174

Palo Alto County had two tracts that sold for $17,500 per acre or $200 & $209 per CSR2, respectively. Sioux County also had a high sale, with 90.61-acres selling for $10,900 per acre or $230/CSR2.

Below is a map of the auction locations for the week of 9/17-9/23.

Illinois Results
Tracts Sold: 8
Average $/Acre: $13,494
Average $/Tillable: $16,150
Average $/Point: $124

Minnesota Results
Tracts Sold: 19
Average $/Acre: $10,181
Average $/Tillable: $11,563
Average $/Point: $139

Nebraska Results
Tracts Sold: 2

South Dakota Results
Tracts Sold: 2

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
09-18-2023 IL Brown Cropland 27.01 $ 11,500 117.1
09-18-2023 IL Brown Cropland 51.30 $ 13,600 111.1
09-18-2023 IL Brown Cropland 78.59 $ 21,700 136.5
09-18-2023 IL Brown Cropland 71.02 $ 18,100 136.9
09-18-2023 MN Kandiyohi Cropland 157.01 79
09-18-2023 IL Brown Cropland/Pasture 147.40 $ 4,600 109.9
09-19-2023 IA Clay Cropland 79.52 $ 13,800 81.7
09-19-2023 IA Clay Cropland 67.49 $ 10,500 80.2
09-19-2023 IA Clay Cropland 92.78 $ 13,000 85
09-19-2023 IA Clay Cropland 64.13 $ 10,500 80
09-19-2023 IA Kossuth Cropland 78.79 $ 15,100 85.7
09-19-2023 IA Black Hawk Cropland 118.10 $ 15,900 87.5
09-19-2023 IA Black Hawk Rural Residence 1.90 --
09-19-2023 IA Wright Cropland 155.79 $ 11,200 77.2
09-19-2023 IA Sac Cropland 120.00 $ 14,200 90.9
09-19-2023 IA Sac Cropland 80.00 $ 13,900 89.9
09-19-2023 IA Sac Cropland/CRP 60.00 $ 11,500 88.3
09-19-2023 IA Kossuth Cropland 71.00 $ 17,200 85.2
09-19-2023 MN Murray Cropland/CRP 79.79 $ 7,350 94
09-19-2023 MN Murray Cropland 78.21 $ 9,450 89.2
09-19-2023 MN Murray Cropland 160.00 $ 11,288 94.7
09-19-2023 MN Mower Rec 60.16 $ 4,600 --
09-19-2023 MN Mower Cropland 107.07 $ 7,600 65.9
09-19-2023 MN Mower Cropland 56.96 $ 6,000 84.88
09-19-2023 MN Mower Cropland 182.83 $ 12,000 85.6
09-19-2023 MN Kittson Cropland 240.00 $ 4,500 87.5
09-19-2023 IL Iroquois Cropland 80.87 $ 10,100 116.1
09-19-2023 IA Pocahontas Cropland/Bldg Site 8.77 87.4
09-19-2023 IA Hancock Building Site 3.22 87.2
09-20-2023 MN Renville Cropland 80.00 $ 13,700 80.9
09-20-2023 IA Winnebago Cropland 80.00 $ 15,800 85.2
09-20-2023 IA Dickinson Cropland 58.00 $ 11,900 75
09-20-2023 IA Guthrie Cropland 147.16 $ 8,700 60.5
09-20-2023 MN Jackson Cropland 80.00 $ 12,900 81.1
09-20-2023 MN Renville Cropland 80.00 $ 13,700 81.6
09-20-2023 MN Renville Cropland 146.00 $ 11,800 81.3
09-20-2023 MN Renville Cropland 85.00 $ 11,700 79.1
09-20-2023 MN Renville Cropland 153.10 $ 11,600 78.7
09-20-2023 MN Renville Cropland 75.00 $ 13,300 82.1
09-20-2023 NE Washington Cropland 74.25 $ 8,750 71.5
09-21-2023 IA Adams Cropland 40.00 $ 11,500 70.5
09-21-2023 IA Adams Cropland 40.00 $ 15,500 82.8
09-21-2023 IA Buena Vista Cropland 154.20 $ 14,500 83.2
09-21-2023 IA Jasper Cropland/CRP 137.06 $ 8,000 70
09-21-2023 IA Jasper Cropland/Pasture 173.81 $ 10,566 81.9
09-21-2023 IA Jasper Cropland 25.44 $ 11,500 80.8
09-21-2023 IA Jasper Cropland 114.05 $ 13,200 81.9
09-21-2023 IA Jasper Cropland/Rec 164.06 $ 8,800 69.1
09-21-2023 IA Palo Alto Cropland 79.00 $ 16,500 88.1
09-21-2023 IA Palo Alto Cropland 80.00 $ 17,500 83.6
09-21-2023 MN Marshall Cropland 320.00 $ 4,350 75
09-21-2023 MN Martin Cropland 40.00 $ 11,400 90.5
09-21-2023 NE York Irrigated Cropland/Acreage 158.84 $ 13,350 67.3
09-21-2023 IA Palo Alto Cropland 150.81 $ 17,500 87.5
09-21-2023 SD Turner Cropland 110.37 $ 10,265 81.4
09-21-2023 IA Jefferson Cropland 40.00 $ 11,700 83.4
09-21-2023 IA Jefferson Cropland 200.00 $ 6,850 67.1
09-21-2023 IA Taylor Cropland 120.00 $ 9,100 55.8
09-22-2023 MN Blue Earth Cropland 82.80 $ 16,014 93.4
09-22-2023 SD Turner Cropland 72.00 $ 8,000 72.9
09-22-2023 IA Pocahontas Cropland 145.90 $ 7,350 64.9
09-22-2023 IA Greene Cropland/Wind Turbine 60.00 $ 15,900 86.5
09-23-2023 IA Sioux Cropland 90.61 $ 10,900 53.7
09-23-2023 IA Allamakee CRP/Rec 194.00 $ 10,200 57.7