Weekly Auction Results: 2/5/23-2/11/23

There were 20 tracts of land that were offered at public auction in Iowa February 5-11, 2023. During these auctions, there was a total of 2,006 acres available for purchase and of those acres, 91% were tillable.There were 20 tracts of land that were offered at public auction in Iowa February 5-11, 2023. During these auctions, there was a total of 2,006 acres available for purchase and of those acres, 91% were tillable.

Iowa Results
Tracts Sold: 20
Average $/Acre: $12,354
Average $/Tillable: $14,582
Average $/CSR2: $186
1 Week % Change: -1%
Change from Q4 2022: +2%

The high dollar-per-acre sale of the week went to a Grundy County 117-acre cropland farm that sold for $18,600 per acre or $199 per CSR2.

The high dollar-per-CSR2 sale of the week went to a Palo Alto 80-acre cropland farm that sold for $17,775 per acre or $238 per CSR2.

Below is a chart tracking the weekly change of $/CSR2 over the past 12 months.

Minnesota Results
Tracts Sold: 10
Average $/Acre: $10,354
Average $/Tillable: $12,350
Average $/CSR2: $150
1 Week % Change: n/a
Change from Q4 2022: n/a