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Weekly Auction Results: 9/3/23-9/9/23

September 11, 2023 - Ashley Poduska
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39 tracts with a total of 3,570-acres were offered at public auction in Iowa the week of September 3. The average dollar per CSR2 was $188, which is up 16% from the previous week, and up 5% from Q2’s average of $179.

Iowa Results
Tracts Sold: 39
Average $/Acre: $13,172
Average $/Tillable: $15,304
Average $/CSR2: $188

The high sale of the week was a two-tract Sioux County auction. Both tracts sold for $20,450 per acre, or $224 and $221 per CSR2, respectively.

Below is a map of the auction locations for the week of 9/3-9/9.

Illinois Results
Tracts Sold: 3

Minnesota Results
Tracts Sold: 6
Average $/Acre: $8,937

Missouri Results
Tracts Sold: 6

Nebraska Results
Tracts Sold: 4

South Dakota Results
Tracts Sold: 1

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
09-05-2023 IA Hamilton Cropland 134.35 82
09-05-2023 IA Monroe Cropland 119.00 $ 8,216 44.5
09-05-2023 MO Clark Cropland 35.50 $ 8,150 91.9
09-05-2023 MO Clark Cropland 210.00 81.3
09-05-2023 MO Clark Cropland 143.00 48.3
09-05-2023 MO Clark Cropland 176.00 56.5
09-05-2023 IA Monroe Cropland/Rec 171.27 $ 5,644 45
09-05-2023 IA Mitchell Expired CRP/Pasture 156.65 $ 9,050 84.4
09-05-2023 IA Monroe Acreage 7.02 --
09-06-2023 IA Marshall Cropland 43.20 $ 16,700 89.7
09-06-2023 IA Audubon Cropland 120.00 $ 17,400 80.7
09-06-2023 IA Calhoun Cropland 134.93 $ 15,250 85.1
09-06-2023 IA Marshall Cropland 110.04 $ 16,700 92.5
09-06-2023 IA Henry Cropland 228.09 $ 5,800 74.9
09-06-2023 IA Boone Cropland 39.50 $ 12,500 77.6
09-06-2023 MN Brown Cropland 149.90 $ 11,322 94.6
09-06-2023 MN Freeborn Cropland 135.12 $ 10,600 83.2
09-06-2023 MN Freeborn Cropland 40.00 $ 10,900 85.5
09-06-2023 MN Freeborn Cropland 29.99 $ 8,600 82.9
09-06-2023 MN Freeborn Cropland 110.00 $ 7,600 80.4
09-06-2023 MN Freeborn Cropland 137.00 $ 4,600 83.4
09-06-2023 MO Marion Cropland/Rec 112.10 $ 8,000 65.8
09-06-2023 MO Marion Cropland 99.60 $ 9,250 66.2
09-06-2023 NE Kearney Irrigated Cropland 160.18 $ 10,500 75.5
09-07-2023 IA Sioux Cropland 52.93 $ 20,450 91.2
09-07-2023 IA Polk Cropland 33.80 54.1
09-07-2023 IA Polk Cropland 34.47 $ 8,600 78.3
09-07-2023 IA Polk Cropland 134.02 $ 11,700 77.6
09-07-2023 NE Butler Irrigated Cropland 154.22 $ 8,000 78
09-07-2023 IA Jasper Cropland 80.00 $ 10,100 67
09-07-2023 IA Jasper Cropland 39.22 $ 11,950 66.5
09-07-2023 IA Story Cropland 37.15 $ 17,000 88.5
09-07-2023 IA Tama Cropland 78.00 $ 11,800 77.1
09-07-2023 IA Dallas Cropland 157.12 $ 17,600 87.8
09-07-2023 IA Dallas Cropland 132.70 $ 11,800 70.7
09-07-2023 IA Henry Cropland 75.61 $ 11,786 80.1
09-07-2023 IA Henry Cropland/Rec. 62.24 $ 8,085 76.8
09-07-2023 IA Henry Cropland 93.01 $ 11,786 75.6
09-07-2023 IA Henry Building Site 2.22 --
09-07-2023 IA Sioux Cropland 90.94 $ 20,450 92.4
09-07-2023 IL Mercer Cropland 110.95 $ 11,700 131.8
09-07-2023 IL Mercer Cropland/Rec 32.02 $ 6,750 115.1
09-07-2023 IL Fulton Cropland 70.26 $ 16,400 136.1
09-07-2023 IA Jasper Cropland 74.97 $ 13,200 75.1
09-07-2023 IA Kossuth Cropland 159.00 $ 11,750 78
09-07-2023 NE Butler Pasture 65.40 $ 7,350 65.8
09-07-2023 NE Butler Pasture 121.58 $ 4,900 --
09-08-2023 SD Union Cropland 66.65 $ 15,200 67.9
09-08-2023 IA Webster Cropland 78.00 $ 17,000 83.2
09-08-2023 IA Calhoun Cropland 115.00 $ 10,700 82.8
09-08-2023 IA Hardin Cropland 96.00 $ 15,100 90.4
09-08-2023 IA Marshall Cropland 80.00 $ 14,400 77.2
09-08-2023 IA Marshall Cropland 80.00 $ 15,800 85.3
09-08-2023 IA Butler Cropland 80.00 $ 10,800 81.4
09-08-2023 IA Butler Cropland 80.00 $ 12,300 85.7
09-08-2023 IA Hancock Cropland 45.74 $ 12,800 63.8
09-08-2023 IA Webster Cropland 78.00 $ 17,000 86
09-09-2023 IA Mahaska Cropland 160.00 $ 18,000 74
09-09-2023 IA Monona Cropland 76.14 $ 11,800 56.7
Published in: Land Values