Weekly Iowa Farmland Auction Results
Weekly Land Auction Results in Iowa
There were thirteen auctions this week across the state of Iowa. Of the thirteen sales, all but one sale met sellers expectations through the auction process. We have been witnessing several sales trade hands right around $100 – $105 per CSR2 point. Many of the nicer farms this week went for $115 per CSR2 point or more. This week’s big sale was located in Lee County, Iowa. This sale was around 869 acres, with a few tracts selling for over $10,000 per acre. The pasture ground that sold on the same auction were low with one being $1,950 per acre. We are open minded on what the tillable farmland value will do through the fall land auction season. The U.S. Department of Agriculture recently announced that there will be up to $12 billion in relief for 7 commodities here in the United States. We could see an upturn in land prices if this is the case because many farmers were stressing about the high tariffs reducing the price of commodities. Iowa Land Company tracks land auctions across the entire state on a weekly basis. Contact any of our qualified land agents here at Iowa Land Company to assist you in a FREE no obligation farm evaluation. Check back next week for more auction sales results.
Farmland Auction Sales Report | August 24th – August 30th 2018
Iowa Land Company is a full-service farmland auction company that services in all 99 counties of Iowa. We transact all types of land in Iowa. Want to know what your land in Iowa is worth ? Get a | Free Farmland Evaluation (Click) | from one of the trusted agents at Iowa Land Company.
Monthly Sales Volume in all 99 Counties of Iowa
The volume in land auction sales is down from past years, yet the demand is still very high. If you have tillable farmland it is a prized commodity for farmland investors and local operators. We would classify this market a strong farmland market. As we get closer to the fall, we will see tick up in land auction sales. If you have farmland in Iowa and are considering selling, now is a great time to the process started. On average it take 2-3 months to execute a farmland sale from start to finish. Contact us to determine when is the best time of year to sell your farmland.
UPCOMING AUCTIONS
Tract 1 – 36.39 +/- Acres, 36.05 FSA cropland acres, CSR2 average of 91.7
Tract 2 – 112.33 +/- Acres, 102.75 FSA cropland acres, CSR2 average of 82.7
Tract 3 – 72.85 +/- Acres, 68.18 FSA cropland acres, CSR2 average of 64.4
For more information about this auction, visit https://iowalandcompany.com/warren-county-iowa-farmland-auction-221-57-acres/
Calhoun County, Iowa land auction. This productive 40 acres will be sold as one tract in Lake City, Iowa on September 28th at noon.
For more information about this auction, visit https://iowalandcompany.com/calhoun-county-iowa-farmland-auction-40-acres/
Palo Alto County, Iowa Land Auction. 150 acres being sold as one tract at live public auction. The sale will be October 18th at noon in Fenton, Iowa
For more information about this auction, visit https://iowalandcompany.com/palo-alto-county-iowa-farmland-auction-150-acres/
Contact Us
IOWA FARMLAND AUCTION COMPANY
Our company was built to generate Iowa land transactions combining two things, land marketing experience and farmland sales experience. Our marketing company and land salesman are focused on Iowa dirt! Iowa Land runs deep within each person that makes up our company. We have a passion for land and that’s what we know. Each person has their strengths and we mesh those strengths together forming a land company that is powerful in both land auctions and private treaty land sales.
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