Weekly Auction Results: 8/28/22–9/3/22
Published on Sep 6, 2022 by Ashley Poduska
There were 19 tracts of land that sold at auction in Iowa between August 28th and September 3rd that met the criteria of 35+ acres, 85%+ tillable with a primarily highest-and-best-use of agriculture. During these auctions, there was a total of 2197.8 acres available for purchase and of those acres, there was an average of 89% tillable acres.
Iowa Results:
Tracts Sold: 19
Average $/Acre: $11,358
Average $/Tillable: $13,534
Average $/CSR2: $166
Change from Prior Week: -8%
Change from 2022 Q2: -12%
The high sale of the week went to a Sioux County 80.29-acre cropland farm, bringing $26,000/acre or $292/CSR2.
Below is a chart tracking the weekly change of $/CSR2 from the first week of January to now.
Minnesota Results:
Tracts Sold: 7
Average $/Acre: $9,145
Average $/Tillable: $12,411
Average $/PI: $137
| Sale Date | State | County | Land Type | Gross Acres | $ Per Acre | CSR2 |
|---|---|---|---|---|---|---|
| 09/02/2022 | IL | Iroquois | Cropland | 151.09 | $ 9,400 | 125.2 |
| 09/01/2022 | IA | Page | Cropland | 141.76 | $ 11,300 | 77.3 |
| 09/01/2022 | IA | Page | Cropland | 98.37 | $ 10,200 | 76.0 |
| 09/01/2022 | IA | Page | Cropland | 155.29 | $ 9,750 | 90.0 |
| 09/01/2022 | IA | Page | Corpland | 77.27 | $ 8,700 | 71.5 |
| 09/01/2022 | IA | Page | Cropland | 77.16 | $ 8,500 | 74.7 |
| 09/01/2022 | IA | Page | Cropland | 181.20 | $ 7,550 | 72.1 |
| 09/01/2022 | IA | Kossuth | Cropland | 151.00 | $ 15,500 | 85.8 |
| 09/01/2022 | IA | Worth | CRP | 182.00 | $ 3,950 | 28.0 |
| 09/01/2022 | MN | Jackson | Cropland | 80.00 | $ 13,500 | 93.3 |
| 09/01/2022 | MN | Redwood | CRP | 48.00 | $ 2,708 | -- |
| 09/01/2022 | MN | Jackson | Cropland | 73.00 | $ 14,700 | 92.2 |
| 09/01/2022 | MN | Redwood | Cropland/CRP | 80.00 | $ 5,625 | 85.9 |
| 09/01/2022 | MN | Redwood | Cropland | 106.72 | $ 10,540 | 86.9 |
| 08/31/2022 | IA | Des Moines | Cropland | 100.30 | $ 8,973 | 77.2 |
| 08/31/2022 | IA | Union | Cropland | 60.00 | $ 6,425 | 54.5 |
| 08/31/2022 | IA | Floyd | Cropland | 79.64 | $ 7,800 | 88.6 |
| 08/31/2022 | IA | Black Hawk | Cropland | 81.40 | $ 13,500 | 84.4 |
| 08/31/2022 | IA | Black Hawk | Cropland | 87.98 | $ 11,500 | 80.7 |
| 08/31/2022 | IA | Worth | Cropland/CRP | 149.81 | $ 12,600 | 66.7 |
| 08/31/2022 | IA | Shelby | Cropland | 156.10 | $ 16,100 | 68.7 |
| 08/31/2022 | IA | Sioux | Cropland | 80.29 | $ 26,000 | 91.3 |
| 08/31/2022 | IA | Sioux | Cropland | 151.59 | $ 20,100 | 90.6 |
| 08/31/2022 | MN | Blue Earth | Cropland | 35.39 | $ 9,692 | 89.1 |
| 08/30/2022 | IA | Cerro Gordo | Cropland | 224.14 | $ 12,400 | 83.8 |
| 08/30/2022 | NE | Hitchcock | Pasture | 507.00 | 42.7 | |
| 08/30/2022 | MN | Le Sueur | Cropland | 40.00 | $ 7,250 | 85.1 |
| 08/30/2022 | IL | DeKalb | Cropland | 85.75 | $ 14,000 | 141.7 |
| 08/30/2022 | IA | Kossuth | Cropland | 166.00 | $ 15,100 | 76.9 |
| 08/29/2022 | IA | Mitchell | Cropland | 38.93 | $ 13,250 | 80.9 |