Landwatch

March 2022 Recent Farmland Sales

Victoria G Myers
By  Victoria G. Myers , Progressive Farmer Senior Editor
Per Acre Prices (Progressive Farmer)

COLORADO, Kit Carson County. Sold at public auction in seven tracts, a 1,440-acre property brought $2.34 million. Average price across the whole was $1,625 per acre, with averages across the tracts ranging from $1,000 to $2,300 per acre. Contact: Virgil George, Rocking X Land Co.; virgil.rxl@gmail.com; 719-346-5420; www.RXLauction.com

GEORGIA, Early County. Farmland totaling about 243 acres sold to a farm investment company for $1.35 million. Per acre, the average price was $5,556. The property included about 150 acres of irrigated cropland and 77 acres of dry cropland. The land was leased back to the current tenant for the 2022 season. Contact: Gene Cook, Gene Cook and Associates Inc.; gene.cookassoc@windstream.net; 229-524-2602

IOWA, Dallas County. A 79-acre tract of tillable farmland sold in a timed online auction for $1.31 million, or an average price of $16,582 per acre. The farm was close to local markets and held an 88 CSR2 soil-quality rating.

Muscatine County. Farmland totaling 116.58 acres sold in two tracts in a timed online action for a total price of $1.69 million. Both tracts were of tillable land. One tract averaged $13,650 per acre; the other, $15,250 per acre. Average price across the whole property was $14,496 per acre. Contact: Tom Bradley, DreamDirt Farm Real Estate and Auction; tom@DreamDirt.com; 515-202-7687; www.DreamDirt.com

KANSAS, Hodgeman County. CRP and native grassland north of Horsethief Reservoir and totaling 640 acres sold at public auction for $768,000. Price per acre averaged $1,200. Buyer was to take 100% of the 2022 CRP payments. Contact: Virgil George, Rocking X Land Co.; virgil.rxl@gmail.com; 719-346-5420; www.RXLauction.com

KENTUCKY, Henderson County. Five tracts of land totaling 164.79 acres sold at auction for $1.217 million, or an average of $7,385 per acre. Tract sizes ranged from 3 to more than 96 acres. The majority of the property was made up of Henshaw, Weinbach and Uniontown silt loam soils. Per-acre prices ranged from $5,304 to $8,670. Contact: Clay Taylor, Kurtz Auction and Realty Co.; clay@kurtzauction.com; 800-264-1204; www.KurtzAuction.com

SOUTH DAKOTA, Campbell County. At auction, a property of 540 acres sold for $2.96 million, or an average of $5,481 per acre. The property sold in three parcels all to a single buyer. Described as highly productive cropland and quality pasture and hay ground, the land included natural water sources and highway access. The farm held bases in wheat, corn and sunflowers across 138.5 of the acres. Contact: Kristen Gill, Gill Land Co.; kristen@glcland.com; 701-934-2732; www.GLCland.com

WISCONSIN, Grant County. A large dairy-operation liquidation brought more than $11.4 million in a series of auctions. On the land side, 211 acres were sold (a per-acre average price was not available at press time). However, the auction of that land with the dairy facilities and 3,375 head of cattle brought $6.839 million. Included were a milking parlor, heifer barns and employee housing. Contact: Darrell Crapp, darrell@schraderauction.com, 608-558-6832; or Chris Hoffman, chris@schraderauction.com, 608-885-0005; Schrader Real Estate and Auction Co., www.SchraderAuction.com

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-- These sales figures are provided by the sources and may not be exact because of rounding.

-- Submit recent land sales to landwatch@dtn.com

-- Find current listings at about.dtnpf.com/landwatch

-- Follow Vicki on Twitter @myersPF

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Victoria Myers