Landwatch Weekly

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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INDIANA, Montgomery County. A 764-acre farm that was originally slated for auction sold in a private sale for $11.52 million, or $15,100 per acre. The property included about 750 contiguous cropland acres, according to FSA. It had a WAPI soil index of 160. The land was owned by two local families who sold to an investor.

For more information, contact John Klemme, Geswein Farm & Land, at 765-427-1619 or johnny@gfarmland.com; or Chad Hess, Talk to Tucker, at 765-376-4737.

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ILLINOIS, Will County. An 82-acre property with future development potential sold for $27,006 per acre, or $2.21 million. The farm is contiguous to a forest preserve and Joliet, as well as being close to Interstates 80 and 355.

Link to the listing: https://mgw.us.com/…

For more information, contact Mark Mommsen, Martin, Goodrich & Waddell, Inc., at 815-756-3606 or mark.mommsen@mgw.us.com.

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MISSOURI, Scotland County. A 600-acre farm sold in 4 tracts for $5.67 million, or $9,461 per acre. Three of the tracts boast large quantities of tillable cropland with extensive drainage tile and well-managed soil fertility. The first two tracts, at 393 and 55 acres, sold for $9,100 per acre and $9,125 per acre, respectively. The third primary cropland tract, at 111 acres, included prime highway frontage and sold for an average of $12,500 per acre. A 40-acre tract of mature timber is located along the North Fabius River and offers excellent year-round hunting opportunities. It sold for $5,100 per acre.

Link to the listing: https://www.peopleslandco.com/…

For more information, contact Brad Sharpe, Peoples Company, at 660-341-4144, or Anthony Peoples, Peoples Company, at 660-651-6501.

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WISCONSIN, Columbia County. A 120-acre farm sold in an online auction for $1.94 million, or $16,200 per acre. The farm consists of 118 crop acres containing mostly silty and sandy loam soils, with varying amounts of slope and some noted erosion.

Link to the listing: https://steffesgroup.com/…

For more information, contact Randy Kath, Steffes Group, Inc., at 701-429-8894 or randy.kath@steffesgroup.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

Katie Dehlinger can be reached at katie.dehlinger@dtn.com

Follow Katie on social platform X at @KatieD_DTN

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