Landwatch Weekly
Recent Farmland Sales in Iowa, Minnesota, Missouri, Washington
Editor's Note: DTN's Landwatch Weekly column is a spin-off of Progressive Farmer's monthly column, highlighting the recent results of sales and auctions from across the country. Sales figures are provided by sources and may differ from what you see elsewhere due to rounding and averaging. If you would like to submit a sale for publication, please email a link to the sale, selling price and broker's contact information to landwatch@dtn.com.
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IOWA, Pottawattamie County. An 875-acre cropland farm sold at auction in five separate non-contiguous tracts, for $5.9 million or $6,743 per acre. The sale included 800 acres of crop and pastureland as well as 75 acres of transitional land. That 75 acres sold for $12,000 an acre, while the largest tract of 261 acres sold for $1.5 million, or $5,850 per acre. The tracts ranged from 97% tillable to just 17% tillable, including soil ratings from 46.9 to 67.8. The transitional property is also the most productive of the tracts, with an average of 187.8 bushels per acre on corn and 54.5 bushels on soybeans.
Link to the listing: https://www.gotoauction.com/…
For more information, contact Ed Spencer, Spencer Auction Company, 712-644-2151, spencerauctiongroup@gmail.com.
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MINNESOTA, Pipestone County. A 122-acre farm sold at auction for $1.1 million, or $9,100 per acre. Three of the last four years, the land has been used mostly for soybean production, including 92 acres planted to beans in 2024, 91 acres to corn in 2023, 66 acres to soybeans in 2022 and 75 acres to soybeans in 2021. The property has a productivity index of 87, with the largest percentage of the soil acres including Lakepark clay loam soils. The land features 12 acres of wetlands.
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Link to the listing: https://brockauction.com/…
For more information, contact Bruce R. Brock, Brock Auction Company, Inc., 612-859-3794, brockauction@brockauction.com.
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MISSOURI, Clark County. A 1,042-acre farm sold at auction in 14 tracts for $7.3 million, or $6,960 per acre. The property includes multiple continuous tracts of prime northeast Missouri hunting land with wildlife, building sites and one tract of highly productive bottomland. The property includes 852 acres of crop and pastureland as well as Conservation Reserve Program land. An 81-acre tract led the sales with the highest per-acre price of $11,500, including 71 highly productive tillable acres. The sale also included 193 recreational acres that sold for a total of $1.7 million, or $8,933 per acre.
Link to the listing: http://www.mcafeeauctionservice.com/…
For more information, contact McAfee Auction Service, LLC, 660-727-3796, auction@centurylink.net.
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WASHINGTON, Walla Walla and Columbia counties. A 2,975-acre dryland farm sold for $2.5 million, or $840 per acre. The property includes 1,863 tillable cropland acres considered to be in production through a summer-fallow crop rotation, with about 50% of the farm in production annually. The farm sits in a region that receives 12 to 13 inches of precipitation per year with no verified irrigation water rights. It was the first time in more than a century that the family-owned property was offered up for sale. The property includes five utility buildings and a barn, along with resident deer herds and multiple game bird species.
Link to the listing: https://peoplescompany.com/…
For more information, contact Adam Woiblet, AgriBusiness Trading Group, 509-520-6117, Adam@AgTradeGroup.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
Todd Neeley can be reached at todd.neeley@dtn.com
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