Published on May 16, 2022 by Ashley Poduska
The appraisal team tracked six auctions in Iowa last week, bringing an average dollar per acre of $9,829, average dollar per tillable of $12,488 and average dollar per CSR2 of $173. This is down 7% from the previous week, and down $1 per CSR2 point from Q1 2022's $/CSR2's average of $174.
The high sale of the week went to a Butler County 37.3 acre cropland farm, bringing $15,200 per acre or $180 per CSR2.
| Sale Date | State | County | Land Type | Gross Acres | $ Per Acre | CSR2 |
|---|---|---|---|---|---|---|
| 05/14/2022 | IA | Crawford | Cropland | 178.62 | $ 9,000 | 63.0 |
| 05/12/2022 | IA | Calhoun | Cropland | 105.33 | $ 10,550 | 64.4 |
| 05/12/2022 | IA | Guthrie | Pasture/CRP | 139.68 | $ 6,800 | 74.1 |
| 05/12/2022 | MN | Wright | Cropland | 37.31 | $ 9,500 | -- |
| 05/11/2022 | IA | Butler | Cropland | 37.31 | $ 15,200 | 87.6 |
| 05/10/2022 | IA | Henry | Rec | 40.00 | $ 7,025 | 71.7 |
| 05/09/2022 | IA | Jasper | Cropland/Rec | 212.23 | $ 10,400 | 76.9 |