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Take look at these three farmland transactions that transpired in December 2024 and January 2025.
161.62 acres in Sioux County, Iowa
Date: Dec. 12, 2024
Price: $21,800 per acre
Corn Suitability Rating Index (CSR2): 94.7
A highly productive 161.62-acre farm in northwest Iowa was sold through an online-only auction, closing at an impressive $21,800 per acre. The final sale price totaled $3,523,316. The auction saw strong interest due to its prime location and exceptional soil productivity. Featuring 156.94 acres of quality cropland, the property was well suited for investors and farm operators. The level to gently rolling land had been extensively managed in recent years
80 acres in Lyon County, Iowa
Date: Jan. 15, 2025
Price: $21,700 per acre
CSR2: 67.5
A premium 80-acre farm in Richland Township sold at auction for $21,700 per acre, demonstrating the continued demand for high-quality farmland in northwest Iowa. The property included approximately 77.41 tillable acres, with productive soil types. Well situated, near multiple grain elevators, feedlots, and dairies, this tract offered a strong opportunity for operators and investors. Competitive bidding underscored the desirability of farmland in this tightly held area, where properties rarely become available.
153.14 acres in Rock County, Minnesota
Date: Dec. 19, 2024
Price: $16,600
A prime pair of farmland tracts in southwest Minnesota commanded a sale price of $16,600 per acre at auction, underscoring the continued strength of the agricultural land market. Tract 1, totaling 80.47 acres, and Tract 2, at 72.67 acres, boasted highly productive soils, with top-tier ratings, making them a valuable acquisition for farming operations and land investors. Situated near the borders with Iowa and South Dakota, these properties offered an excellent location.
Produced in partnership with American Farmland Owner (AFO). AFO aims to help landowners make informed decisions for their farmland while ensuring the prosperity of American agriculture.
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