Published on May 23, 2022 by Ashley Poduska
16 Iowa tracts sold at public auction last week, bringing an average dollar per acre of $9,556; average dollar per tillable acre of $12,907 and an average dollar per CSR2 of $197. This is up 13% from the previous week and Q1 2022's $/CSR2 average.
The top sale of the week went to a Jackson County auction - Tract 1 brought $14,600/acre or $283/CSR2 while Tract 2 brought $17,700/acre or $289/CSR2. Tract 2's south half could be considered pasture, as it has been in hay/alfalfa, but FSA and the auctioneer reported it as cropland, and we calculated it accordingly.
Sale Date | State | County | Land Type | Gross Acres | $ Per Acre | CSR2 |
---|---|---|---|---|---|---|
05/19/2022 | IA | Pocahontas | Cropland | 78.50 | $ 16,300 | 86.6 |
05/18/2022 | MN | Murray | Cropland | 80.00 | $ 12,500 | 89.9 |
05/18/2022 | IA | Muscatine | Ag/Rec | 36.43 | $ 9,905 | 61.2 |
05/18/2022 | IA | Muscatine | Cropland | 118.16 | $ 8,050 | 58.0 |
05/18/2022 | IA | Muscatine | Cropland | 55.16 | $ 7,770 | 61.9 |
05/18/2022 | IA | Guthrie | Pasture | 158.12 | $ 7,050 | 38.8 |
05/18/2022 | IA | Palo Alto | Cropland | 120.00 | $ 11,600 | 79.4 |
05/18/2022 | IA | Worth | Cropland | 80.00 | $ 10,000 | 56.9 |
05/18/2022 | IA | Worth | Cropland | 67.79 | $ 9,800 | 60.1 |
05/17/2022 | IA | Henry | Recration/CRP | 41.20 | $ 7,625 | 56.8 |
05/17/2022 | IA | Jackson | Cropland | 103.33 | $ 14,600 | 58.7 |
05/17/2022 | IA | Jackson | Cropland | 46.58 | $ 17,700 | 64.2 |
05/17/2022 | IA | Calhoun | Cropland | 77.00 | $ 12,450 | 83.3 |
05/17/2022 | IA | Fayette | Recreational | 67.21 | $ 6,300 | 50.9 |
05/17/2022 | IA | Fayette | Recreational | 40.00 | $ 3,450 | 58.9 |
05/16/2022 | IA | Davis | Rec | 101.73 | $ 4,700 | -- |
05/16/2022 | IA | Davis | Rec | 89.80 | $ 5,600 | -- |