:max_bytes(150000):strip_icc()/19568_ICGA_DRONE_SPRING_PLANTING-0944-2000-5c668f991b024813acacc49af6d400cb.jpg "Prepare for How Weather May Impact Prices This Planting Season")
:max_bytes(150000):strip_icc()/Farmland-for-Sale-Natalina-Sents-Bausch-Columbus-City-15f8c58d8f1647f38e685a92f664a178.jpg "Northwest Iowa Farmland Sells for More Than $22,000 an Acre")
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Take look at these three farmland transactions that transpired in January and February 2025.
39.7 acres in Plymouth County, Iowa
Date: Feb. 6, 205
Price: $22,600
Corn Suitability Rating Index (CSR2): 79.3
Farmland in northwest Iowa sold for $22,600 per acre, with a per-tillable acre price of $23,780, and a CSR2 value of $300 per point. The farm consisted of 39.7 gross acres, with 37.73 tillable acres featuring high-quality soil types. The auction was conducted on-site, with full possession granted at closing, making the land immediately available for the 2025 crop year. The final sale price, just under $900,000, reflects the strong demand for quality farmland in Plymouth County with excellent soil ratings, location, and topography.
204.68 acres in Adams County, Illinois, and Lewis County, Missouri
Date: Feb. 10, 2025
Price: $2.5 million
The Pontius Land Auction featured 204.68 acres across five tracts in neighboring counties on opposite sides of the Mississippi River. The auction attracted competitive bidding, resulting in a total sale price of $2,468,513. The individual tract prices were as follows: Tract 1 sold for $14,100 per acre; Tract 2 sold for $10,700 per acre; Tract 3 sold for $17,700 per acre; and Tract 4 sold for $9,600 per acre. Tract 5, a Mississippi River lot north of Canton, Missouri, sold for a lump sum of $7,100.
80 acres in Sioux County, Iowa
Date: Jan. 28, 2025
Price: $19,400 per acre
CSR2: 88.3
A northwest Iowa farm sold for $19,400 per acre, with a per-tillable acre price of $19,967, and a CSR2 value of $226 per point. The farm consisted of 80 gross acres, with 77.73 tillable acres featuring high-quality soil types. The final sale price, just under $1.6 million, reflects the strong demand for productive farmland in Sioux County with excellent soil ratings, location, and topography, making it a valuable asset for investors and operators.
101.63 acres in Stephenson County, Illinois
Date: Jan. 21, 2025
Price: $25,500 per acre
A northern Illinois farmland auction saw two tracts sell at different price points, reflecting their varying characteristics.
Tract 1, a 101.63-acre parcel of high-quality, productive farmland, sold for $12,500 per acre, demonstrating strong demand for well-drained, fertile soils ideal for row crop production. This tract featured prime tillable acreage, with excellent soil productivity and accessibility, making it a valuable asset for farmers and investors. Tract 2, a 48.33-acre parcel, sold for $4,350 per acre, a price reflecting its lower soil productivity or potential alternative uses. The auction, conducted by Peoples Co., highlighted the premium placed on high-quality, high-yield farmland in Stephenson County, with buyers recognizing the long-term investment potential of agricultural land in the region.
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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