Published on Nov 3, 2016 by Peoples Company
Greetings! Land auctions were down from last week. There was a total of 839 acres offered at auction, of those acres 553 were tillable acres. I would describe the auction results as “good”, and there were no “no sales” last week. On $/tillable CSR2 point, there were no crop farms below $100/tillable CSR2 point. The range was from $108/tillable CSR2 point to $135/tillable CSR2 point.
A few of the highlights from last week:
The realtors I visit with continue to say auction prices are holding up very well and exceeding expectations. Also, the auction calendar for the month of November looks to be busy.
Check back next week for continued conversation on the auctions we’re seeing from around the state, and be sure to take a look at our September auction results. Please make sure and hit the “like” button on Facebook and follow us on Twitter @PeoplesCompany and @TheLandTalker.
“That is my story & I’m sticking to it”.
Thanks, Jim “the Land Talker”