North Central Iowa Farmland Auctions
By, Iowa Land Company
Feburary 11th, 2020
A strong sale in a strong area – Iowa Land Company offered a farm for the Phyllis Hays family on Feburary 11th in Thompson, Iowa. This region is known for some great farmland. Farmers are competitive to add more acres onto their operations.
On Tuesday we saw active bidding by mostly local interest with some investors looking to pay premium for the farmland. On the final hammer drop, fair market value was determined at $7,300 per acre for the Winnebago County, IA 79 acre tract.
What to look ahead at in the markets – There are multiple pressure points on farmland values currently, low commodity prices, trade dispute, and shrinking working capital to name a few. When will this turn around? That’s a tough question in today’s environment.
Watch our auction recap linked below –
For more information on farmland in Winnebago County, IA contact local representatives Land Broker Matt Skinner (515-443-5004) (matt@iowalandcompany.com) or Land Broker/Auctioneer Luke Skinner (515-4683610). (luke@iowalandcompany.com). Thank you for your time.
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.
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For more information about Iowa Land Company or to get in contact with a county representative about your farmland sale, visit iowalandcompany.com