Farmland Sales Report

Victoria G Myers
By  Victoria G. Myers , Progressive Farmer Senior Editor
Average per acre sales prices in this month’s Landwatch column range from a low of $1,109 to a high of $12,545. (Progressive Farmer photo by The Progressive Farmer)

COLORADO, Washington County. Cropland totaling 660 acres sold at auction for $732,000, or $1,109 per acre. The property held a 508.6-acre wheat base. All acres were enrolled in the Price Loss Coverage (PLC) program. Soil types included Weld silt loam, Weld, Pleasant silty clay and Norka-Colby. Contact: Travis Weaver, Farm and Ranch Realty Inc.; travisweaver@hotmail.com; 620-376-4600; www.farmandranchrealty.com

IOWA, Cedar County. Two tracts totaling 108 acres sold at auction for $1.19 million, or an average of $11,018 per acre. The tillable farm had a combined CSR2 rating across both tracts of 91.2. A large preharvest crowd attended the sale, with the buyer described as an investor using a 1031 exchange. Contact: Douglas L. Hensley, Hertz Real Estate Services; DougH@hertz.ag; 515-382-1500; www.hertz.ag

IOWA, Greene County. An 80-acre farm sold amid competitive bidding for a total of $856,000, or $10,700 per acre. Total crop acres were cited at 78.53, with a corn base of 70.35 acres. CSR2 ratings ranged from 81.3 to 85.7. The buyer was a local farmer. Contact: Douglas L. Hensley, Hertz Real Estate Services; DougH@hertz.ag; 515-382-1500; www.hertz.ag

KANSAS, Comanche County. Three tracts totaling 2,500 acres sold for $3 million, or $1,200 per acre. The land was a working ranch in the south-central part of the state with 400 tillable acres. Contact: Brad Brown, Brown Realty Co.; bbrown@brownrealtyco.com;
318-728-9544; www.brownrealtyco.com


KANSAS, Thomas and Sheridan counties. Five tracts of land totaling 1,145 acres sold at auction for $1.61 million. Per-acre prices ranged from $1,200 to $2,000, depending on the tract. The property included base acres in grain sorghum, wheat and barley. There were 759 total cropland acres reported, with 315 of those planted in milo at the time of auction. The remaining acres were in grass and roads. Contact: Donald L. Hazlett, Farm and Ranch Realty Inc.; dhazlett@frrmail.com; 800-247-7863; www.farmandranchrealty.com

LOUISIANA, Catahoula Parish. A 445-acre tract of farmland sold for $1.32 million, or $2,966 per acre. The property was good, black land on the Tensas River that will remain in agriculture. Contact: Brad Brown, Brown Realty Co.; bbrown@brownrealtyco.com; 318-728-9544; www.brownrealtyco.com

LOUISIANA, Evangeline Parish. A 180-acre bean and rice farm sold for $487,512, or $2,708 per acre. The farm was just outside Ville Platte and will remain in agriculture. Contact: Brad Brown, Brown Realty Co.; bbrown@brownrealtyco.com; 318-728-9544; www.brownrealtyco.com

MISSISSIPPI, Tate and Panola counties. Two grazing and hay farms close enough to be managed as one and totaling 2,099 acres sold at auction for $5.3 million, or a per-acre average of $2,525. The property, marketed in 21 tracts, included farm structures, fruit trees, woods, timber, ponds and three homes. Contact: Jim Woltz, Woltz and Associates Inc.; jim@woltz.com; 800-551-3599; www.woltz.com

OHIO, Warren County. Six tracts of land totaling 1,791 acres sold for per-acre prices ranging from $7,000 to $12,545. Total sale price was $13.73 million. Buyers included a broker, a farmer, an investor and a developer. The property included 1,500 acres of tillable land, grain storage, meadows and woods. It overlooks the Little Miami River. Contact: Kimpton E. Williams, Jos. M. Williams Realty; kw@jmwilliamsrealty.com; 937-604-6603; www.jmwilliamsrealty.com



If your company has made a recent sale you’d like to submit for use in the Landwatch column, send the information to: landwatch@dtn.com

Victoria Myers