Weekly Auction Results: 9/4/22-9/10/22

There were 24 tracts of land that were offered at auction in Iowa between September 4th and September 10th. During these auctions, there was a total of 2,574 acres available for purchase and of those acres, 86% were tillable acres.

Iowa Results:
Tracts Sold: 23
Average $/Acre: $11,341
Average $/Tillable: $14,452
Average $/CSR2: $177
Change from Prior Week: +7%
Change from 2022 Q2: -6%

The high $/acre sale of the week went to an Osceola County 85.46-acre cropland farm, bringing $20,600/acre or $220/CSR2. Honorable mention goes to a 88-acre cropland farm in Dickinson County, bringing $18,000/acre, or $210/CSR2.

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

Minnesota Results:
Tracts Sold: 5
Average $/Acre: $7,500
Average $/Tillable: n/a
Average $/PI: n/a

Missouri Results:
Tracts Sold: 4
Average $/Acre: $5,950
Average $/Tillable: n/a
Average $/PI: n/a

Nebraska Results:
Tracts Sold: 7
Average $/Acre: $3,636
Average $/Tillable: n/a
Average $/PI: n/a