Landwatch

May 2023 Recent Farmland Sales

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

COLORADO, Lincoln County. Cropland, grass and expired CRP ground totaling 7,950 acres sold at absolute auction for $3.2 million. The property sold in five tracts, with average per-acre prices ranging from $375 to $400. Average across the whole property was $403. The property included 27,000 bushels of storage and held bases in wheat and grain sorghum. Contact: Travis Weaver, Farm and Ranch Realty Inc.; frr@frrmail.com; 800-247-7863; https://www.farmandranchrealty.com/…

INDIANA, East Allen County. Three tracts of cropland totaling 121 acres sold at auction for $2.425 million, or about $20,041 per acre. The tillable land was described as rectangular with the tracts adjacent. Soils were primarily Hoytville silty clay. Contact: Carl Carter, Schrader Real Estate and Auction Co.; carl@carterpr.com; 204-910-1952; https://www.schraderauction.com/…

IOWA, Wright County. A farm, 161 acres in size with 159 tillable acres and an 83.5 CSR2, sold to an investor for $12,138 per acre. Total sales price was $1.93 million. A lease was in place for the 2023 season, and this was assumed by the buyer. Contact: John Kirkpatrick, Murray Wise Associates LLC; john@mwallc.com; 515-532-2878; https://www.murraywiseassociates.com/…

Boone County. Highly productive, tillable farmland totaling about 72 acres sold at auction for $979,200. The land held bases in oats, corn and soybeans. Average price per acre was $13,600. Contact: Adam Curran, Peoples Co.; adam@peoplescompany.com; 641-203-2931; https://www.peoplescompany.com/…

KANSAS, Thomas County. A mixed-use 1,280-acre property sold for $4.05 million. It was auctioned in seven tracts, with average per-acre prices ranging from $1,450 to $5,600 for the land. The farmstead, which included 10 acres, sold for $170,000. Average per-acre price for the land was $3,164. The land included irrigated, dryland and grass. It held bases in wheat, corn and grain sorghum. Contact: Cory Busse, Farm and Ranch Realty Inc.; frr@frrmail.com; 800-247-7863; https://www.farmandranchrealty.com/…

MISSISSIPPI, Quitman County. A 317-acre farm with 296 tillable acres sold for $1.36 million. The property included two irrigation wells and was two-thirds leveled and irrigated. Cropping system was a rice and soybean rotation. Average price per acre was $4,595. Contact: Carroll Fields, BrokerSouth Ag.; cole.fields@gmail.com; 318-348-0481; https://www.brokersouthag.com/…

Sunflower County. A row-crop farm totaling about 2,389 acres and including improvements and a grain facility sold for $18.3 million. Average price per tillable acre was $7,660, setting a county record. The farm was completely precision-leveled and irrigated. Water, drainage and yields were described as outstanding. Contact: Drew Burton, Agriworld Farm Investments; d.burton@agri-world.com; 870-265-3276; https://www.agriworldinc.com/…

NORTH DAKOTA, McLean County. Cropland totaling about 770 acres sold at auction in three tracts for $4.54 million. Average per-acre price was $5,896. The land had SPIs in the high 70s and low 80s, and held bases in wheat, flax, sunflowers and soybeans. Contact: Alan Butts, Pifer's Land Auctions; alanb@pifers.com; 701-400-8858; https://www.pifers.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 https://about.dtnpf.com/…

-- Follow Vicki on Twitter @myersPF

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