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Weekly Auction Results: 3/27/22–4/2/22

April 4, 2022 - Ashley Poduska
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Iowa saw 18 tracts sell last week, with an average dollar per acre of $11,530, average dollar per tillable acre of $13,409 and an average dollar per CSR2 of $190.  This is up 5% from the previous week, and up 9% from Q1 2022's average.

The high sale of the week was a close call:  There was a 75.9 acre Kossuth Co. farm that sold for $16,000/acre or $252.66/CSR2.  There was also a 65 acre Sioux Co. farm that sold for $20,500/acre or $252.25/CSR2.  The Sioux Co. farm sold for more per acre, but the Kossuth sold for pennies more per CSR2.

Peoples Company had several great sales, including a Clayton Co. farm that sold for $246.67/CSR2.
 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
03-29-2022 IA Sioux Cropland 107.18 $ 11,000 72.3
03-29-2022 MN Lyon Rec 121.00 --
03-29-2022 IA Keokuk Cropland 75.90 $ 16,000 65.6
03-30-2022 IA Van Buren Cropland/Pasture 163.00 $ 6,100 55.2
03-30-2022 IA Warren Combination 62.00 $ 11,600 79.6
03-30-2022 IA Van Buren Cropland 36.00 $ 10,300 56.9
03-30-2022 UT Wayne Cropland/Rec 131.91 $ 4,935 43.7
03-31-2022 MN Rice Cropland 55.00 --
03-31-2022 IA Carroll Cropland 80.00 $ 12,400 91
03-31-2022 IA Grundy Cropland 78.00 $ 13,800 89.8
03-31-2022 IA Grundy Cropland 40.00 $ 13,800 89.3
03-31-2022 IA Grundy Cropland 40.00 $ 16,600 89.4
03-31-2022 IA Marshall Cropland 310.21 $ 10,700 75.7
03-31-2022 MN Rice Cropland 75.00 --
04-01-2022 MN Faribault Cropland 117.33 --
04-01-2022 IA Worth Cropland 91.00 $ 8,400 72.7
04-01-2022 IA Adams Cropland 73.50 $ 10,000 58.7
04-01-2022 IA Adams Cropland 203.00 $ 7,300 55.7
04-01-2022 IA Adams Cropland 149.92 $ 12,000 68.6
04-01-2022 IA Clay Cropland 108.01 $ 7,099 30.5
04-01-2022 IA Shelby Cropland 65.00 $ 20,500 87.4
04-02-2022 IA Calhoun Cropland 116.67 $ 15,000 75.4
Published in: Land Auctions