Landwatch Weekly
Recent Farmland Sales in Illinois, Iowa, Minnesota and Nebraska
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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ILLINOIS, Edgar County. A 391-acre farm sold at auction in five parcels for $6.5 million, or an average of $16,550 per acre on four cropland tracts. The farm includes a 134-acre parcel with a soil productivity index of 139.5. The property also includes a 123-acre tract with a soil productivity index of 143.4. The farm includes parcels of 82 and 49 acres, with soil productivity indexes of 143.6 and 141.3, respectively. The property also includes a 2-acre parcel with a two-story, 1,830-square-foot house with three bedrooms, as well as a pole barn and storage building.
Link to the listing: https://www.hertz.ag/…
Contact Brian Massey, Hertz Farm Management; 217-771-1572; brianm@hertz.ag.
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IOWA, Fremont County. A 342-acre farm sold in three tracts at auction for $4.3 million, or an average of $11,750 per acre. A 225-acre tract with a soil productivity index of 80 sold for $2.9 million. That tract includes 108 corn base acres with a Price Loss Coverage yield of 129, as well as 110 soybean base acres with a PLC yield of 41. Also selling was a 79-acre parcel with 41 corn base acres with a PLC yield of 129, as well as 41 soybean base acres with a yield of 41. The farm also features a 38-acre tract with 17 corn base acres and a PLC yield of 129, while 35 soybean base acres yield 41 bushels per acre.
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Link to the listing: https://jimhughesrealestate.placebids.net/…
Contact Allan Hughes, Jim Hughes Real Estate; 402-672-3621; info@jimhughesrealestate.com.
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MINNESOTA, Wilkin County. A 341-acre farm sold at auction in three parcels for $2.2 million, or an average of $6,715. The farm includes a 160-acre tract with new tiling, a soil productivity index of 80.7 and is located close to grain and fertilizer outlets. Also included in the sale is a 98-acre parcel with about 86 tillable acres. The farm also features an 84-acre tract with new tiling and a soil productivity index of 89.7.
Link to the listing: https://landproz.com/…
Contact Brian Haugen, LandProz; 507-208-0791; BrianHaugen@landproz.com.
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NEBRASKA, Johnson County. A 158-acre farm sold at auction for $778,150, or $4,925 an acre. The farm has a mix of pasture, hay ground, farmland potential and recreational possibilities. The farm features 121 cropland acres, including 39 soybean base acres with a Price Loss Coverage yield of 27 bushels per acre, along with 12 corn base acres with a PLC yield of 84 bushels. The farm's soil productivity index is 48.5 in a region that sees average annual precipitation of 33 inches.
Link to the listing: https://peoplescompany.com/…
Contact Amy Mohr, Peoples Company Integrated Land Solutions; 402-948-0336; Amy.Mohr@PeoplesCompany.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
Follow him on social platform X @DTNeeley
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