Published on Oct 12, 2016 by Peoples Company
Greetings! Land auctions were a little more active this week. There was a total of 1,575 acres offered at auction, of those acres, there were 1,304 tillable acres. I would describe the auction results as “steady”. There were a couple of “no sales” last week. On $/tillable CSR2 point, there were 4 sales that were below $100/tillable CSR2 point. The range was from $80/tillable CSR2 point too $121/tillable CSR2 point. A few of the highlights from last week:
The auction activity is picking up but is still below activity from a year ago.
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 that we just release last week. 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”