Weekly Auction Results: 11/27/22-12/3/22

Published on Dec 5, 2022 by Ashley Poduska

There were 23 tracts of land that sold at auction between November 27 and December 3. During these auctions, there was a total of 1,983 acres available for purchase and of those acres, 94% were tillable acres.

Iowa Results:
Tracts Sold: 23
Average $/Acre: $12,901
Average $/Tillable: $13,814
Average $/CSR2: $186
Change from Prior Week: +5%
Change from 2022 Q3: +3%

The high $/acre sale of the week went to a Sioux County 45.8-acre cropland farm, bringing $23,750/acre or $276/CSR2. The high $/CSR2 sale of the week went to another Sioux County farm: 91.2-acres for $15,000/acre or $294/CSR2.

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

Illinois Results:
Tracts Sold: 9
Average $/Acre: $14,763
Average $/Tillable: $15,154
Average $/PI: $154

Minnesota Results:
Tracts Sold: 19
Average $/Acre: $7,956
Average $/Tillable: $9,780
Average $/PI: $110

 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
12/02/2022 IA Adair Cropland 80.00 $ 7,800 53.6
12/02/2022 IA Adair Cropland 77.67 $ 7,700 64.8
12/02/2022 IA Story Cropland 93.00 $ 15,200 88.5
12/02/2022 IA Osceola Cropland 80.17 $ 15,400 85.4
12/01/2022 MN Olmsted Cropland 34.01 $ 9,497 94.0
12/01/2022 NE Merrick Cropland 155.00 $ 10,600 65.0
12/01/2022 MO Carroll Cropland/Rec 260.93 $ 9,686 60.7
12/01/2022 MO Carroll Cropland 198.25 $ 9,686 68.7
12/01/2022 MO Carroll Cropland 149.67 $ 9,686 62.8
12/01/2022 MO Carroll Cropland 213.63 $ 9,866 60.7
12/01/2022 MO Carroll Cropland 86.08 $ 9,686 66.5
12/01/2022 IA Kossuth Cropland 63.00 $ 17,800 79.2
12/01/2022 IA Wright Cropland 160.00 $ 14,250 82.4
12/01/2022 IA Humboldt Cropland 80.00 $ 13,800 82.5
12/01/2022 IA Hamilton Cropland 152.00 $ 12,600 71.7
12/01/2022 IA Cedar Cropland 111.36 $ 14,700 84.5
12/01/2022 MN Olmsted Cropland 33.14 $ 9,460 93.5
12/01/2022 IA Hancock Cropland 20.08 $ 16,000 85.7
12/01/2022 IA Hancock Cropland 19.00 $ 16,000 83.8
12/01/2022 IA Sioux Cropland 45.76 $ 23,750 87.3
12/01/2022 MO Carroll Cropland 211.44 $ 9,686 60.2
12/01/2022 MN Olmsted Cropland 142.33 $ 9,678 96.1
11/30/2022 IA Jones Cropland 115.00 $ 10,600 51.0
11/30/2022 IA Franklin Cropland 76.40 $ 7,600 62.5
11/30/2022 IA Jackson Cropland 78.00 $ 14,600 72.7
11/30/2022 IA Worth Cropland 76.05 $ 11,525 85.7
11/30/2022 IA Lyon Cropland 68.90 $ 11,000 71.6
11/30/2022 IA Lyon Pasture 56.84 $ 5,900 71.6
11/30/2022 IL DeKalb Ag land 155.00 $ 14,600 134.4
11/30/2022 IL DeKalb Ag land 80.00 $ 15,500 141.1
11/30/2022 IL Kane Ag land 160.00 $ 15,600 130.4
11/30/2022 IL DeKalb Ag land 28.15 $ 17,600 142.8
11/30/2022 IL Kane Ag land 64.79 134.0
11/30/2022 IL Kane Ag land 76.48 $ 19,700 140.0
11/30/2022 MI Sanilac Rec 52.75 $ 5,137 --
11/30/2022 MI Sanilac Cropland 80.00 $ 4,369 --
11/30/2022 MI Sanilac Cropland 40.00 $ 16,763 --
11/30/2022 MI Sanilac Cropland 80.00 $ 6,688 --
11/30/2022 MI Sanilac Cropland 117.00 $ 5,256 --
11/30/2022 MN Norman Cropland 120.00 $ 4,667 80.0
11/30/2022 MN Meeker Cropland 50.43 $ 9,200 69.2
11/30/2022 MN Meeker Cropland 51.91 $ 6,900 55.2
11/30/2022 MN Meeker Cropland 75.23 $ 5,000 57.0
11/30/2022 MN Freeborn Cropland 155.67 $ 5,100 66.5
11/30/2022 MN Sibley Cropland 152.95 $ 11,800 91.5
11/30/2022 MN Sibley Cropland 50.00 $ 7,900 88.5
11/30/2022 MN Sibley Cropland 80.00 $ 12,050 92.9
11/30/2022 NE Webster Cropland 79.61 $ 4,100 65.7
11/30/2022 NE Webster Cropland 159.78 $ 3,900 67.4
11/30/2022 WI Iowa Cropland 171.00 $ 15,500 78.9
11/29/2022 IA Boone Cropland/CRP 95.00 $ 13,000 84.2
11/29/2022 IA Marion Cropland 85.32 $ 5,500 48.8
11/29/2022 NE Pierce Cropland 159.20 --
11/29/2022 IA Palo Alto Ag land 80.00 $ 11,800 79.5
11/29/2022 IA Marion Cropland 93.93 $ 8,100 75.6
11/29/2022 IL Vermilion Cropland 40.00 $ 13,700 64.8
11/29/2022 IL Vermilion Cropland 170.00 $ 10,700 64.3
11/29/2022 MN Kandiyohi Cropland 116.00 $ 6,466 --
11/29/2022 MN Kandiyohi Cropland 72.56 $ 6,400 63.5
11/29/2022 MN Watonwan Cropland 40.00 $ 9,900 81.8
11/29/2022 MN Watonwan Cropland 160.00 $ 7,200 80.5
11/29/2022 MN Rice Cropland 120.00 $ 4,500 76.1
11/29/2022 MN Rice Cropland 77.50 $ 6,550 92.6
11/29/2022 MN Rice Cropland 80.00 $ 5,500 88.3
11/29/2022 IL Vermilion Cropland 86.00 $ 10,700 64.4
11/29/2022 IA Kossuth Cropland 160.00 $ 14,700 79.7
11/29/2022 IA Sioux Cropland 91.17 $ 15,000 53.0
11/28/2022 MN Jackson Cropland 40.00 $ 13,400 97.9