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| Today. 153 acres pretty much central Mitchell county Iowa, 7 or 8 miles west of me as crow flies. 142 currently cropped balance in CRP. 71 average CSR, not great but very respectable dirt. $7,900 when gavel went down. There was a sale just a few miles away last fall, 160 cut up in 5 fields, just came out of crp, brought $13,000. That one was 73 avg CSR. Wake up call. More than 39% drop in 6 months on similar farms located within a couple miles of each other. By far the lowest price I’ve seen in years around here. I don’t know how far I’d have to go back to find an equivalent sale price, but I’d guess 10 years.Edit too add; I’ve been so busy lately I hadn’t even seen it advertised or I’d been there. My brother in law was and stopped by afterwards and filled me in on the details.
Edited by Boone & Crockett 5/4/2024 06:47
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All you land bulls may not want open this thread; Auction results
