Weekly Auction Results: 7/16/23-7/29/23

Published on Jul 31, 2023 by Ashley Poduska

This week’s snapshot includes the weeks of July 16-22 and 23-29. These two weeks had 2,842 acres offered for sale in Iowa, with an average dollar per acre of $12,209 and an average dollar per CSR2 of $158. This $/CSR2 is down 12% from the Q2 average of $179.

Iowa Results
Tracts Sold: 22
Average $/Acre: $12,309
Average $/Tillable: $13,719
Average $/CSR2: $158

The high sale was a Marshall County 64.9-acre cropland field that sold for $17,425/acre or $195/CSR2. Story County also saw a strong sale, with 80-acres selling for $17,100/acre or $204/CSR2.

Below is a map of the auction data in Iowa, Illinois, Minnesota, and Missouri for the weeks of 7/16/23-7/29/23.

Illinois Results
Tracts Sold: 11
Average $/Acre: $13,818
Average $/Tillable: $14,947
Average $/CSR2: $114

Minnesota Results
Tracts Sold: 6
Average $/Acre: $11,292
Average $/Tillable: $12,325
Average $/CSR2: $153

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
07/28/2023 MN Kandiyohi Cropland/Rec 93.72 38.8
07/28/2023 IL Schuyler Cropland 37.58 $ 9,700 117.2
07/28/2023 IL Schuyler Cropland 38.22 $ 9,650 117.9
07/27/2023 MN Brown Cropland 153.16 $ 11,750 91.4
07/27/2023 IL Henry Cropland 75.96 $ 15,900 135.6
07/27/2023 IL Henry Cropland 82.37 $ 16,100 140.4
07/27/2023 IL Henry Cropland 75.34 $ 14,200 131.9
07/27/2023 IL Henry Cropland 80.00 $ 15,100 139.6
07/27/2023 IL Henry Cropland 115.00 $ 15,200 141.2
07/27/2023 IA Marshall Cropland 80.00 $ 10,000 78.4
07/27/2023 IA Marshall Cropland 318.80 $ 14,602 91.3
07/27/2023 IA Marshall Cropland 40.00 $ 15,000 81.3
07/27/2023 IA Marshall Cropland 320.00 $ 15,078 91.6
07/27/2023 IA Wright Cropland 96.00 60.4
07/27/2023 IA Marshall Cropland 64.85 $ 17,425 93.5
07/27/2023 IA Wright Pasture 58.00 65.4
07/27/2023 IA Marshall Cropland 76.98 $ 13,705 85.8
07/27/2023 MN Brown Cropland 68.24 $ 10,800 84.8
07/26/2023 MN Kandiyohi Cropland 157.81 79.8
07/26/2023 IA Story Cropland 96.47 $ 13,000 82.6
07/25/2023 IA Pocahontas Cropland 95.93 $ 11,552 75.1
07/25/2023 IA Pocahontas Cropland 197.82 $ 11,525 84.1
07/24/2023 MN Chippewa Cropland 75.44 $ 12,200 68.3
07/24/2023 IA Harrison Cropland 149.62 $ 8,100 66.3
07/21/2023 MO Nodaway Cropland 35.00 $ 7,250 82.1
07/21/2023 IA Monona Cropland 73.30 $ 10,500 56.1
07/21/2023 MO Nodaway Cropland 78.00 $ 7,025 79.4
07/20/2023 IL Livingston Cropland 113.00 $ 12,200 115.0
07/20/2023 IA Buchanan Cropland 116.64 $ 11,750 77.7
07/20/2023 IA Buchanan Cropland 140.45 $ 11,750 83.1
07/20/2023 IA Jefferson Cropland/Development Potential 50.57 $ 10,900 59.5
07/20/2023 IA Jefferson Cropland 78.83 $ 9,000 76.5
07/20/2023 IA Story Cropland 80.00 $ 17,100 88.5
07/20/2023 IA Dallas Organic Cropland/CRP 188.00 $ 10,500 82.8
07/20/2023 IA Dallas Organic Cropland/CRP 103.00 $ 11,000 85.6
07/20/2023 MN Wabasha Cropland/Rec 40.00 $ 10,900 76.5
07/20/2023 MN Wabasha Cropland 98.00 $ 11,200 83.8
07/20/2023 MN Wabasha Cropland/Rec 56.00 $ 10,900 74.2
07/20/2023 IL Sangamon Cropland 160.00 $ 20,800 142.2
07/20/2023 IA Kossuth Cropland 60.00 $ 14,700 85.5
07/20/2023 IL Livingston Cropland 120.00 $ 12,200 114.2
07/20/2023 IA Dallas Organic Cropland/Dwelling/Bin Site 137.92 $ 12,300 85.9
07/20/2023 IA Dallas Organic Cropland 134.09 $ 12,650 88.0
07/19/2023 IA Tama Cropland 84.90 $ 8,663 86.3
07/19/2023 IL Livingston Cropland 220.82 $ 10,950 118.7

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