$10,000-plus per acre in East-Central Nebraska

A March 24 auction of flood-irrigated and dryland cropland in Seward Co., Neb., saw quality farmland sell for as much as $10,700 per acre. The offering consisted of four tracts with Tracts 1 and 2 one mile northwest of Milford and Tracts 3 and 4 on the edge of Milford.

Tract 1: 40 acres with 39 acres of flood-irrigated cropland, well including gear head and column and flood pipe; power unit not included; SRPG 67.6; $10,500 per acre.

Tract 2: 55.5 acres dryland cropland with 53 acres tillable carrying a SRPG of 70.8; $7,000 per acre.

Tract 3: 113 acres with 111 acres pivot-irrigated cropland, including well with gear head and column, exluding power unit and pivot, SRPG 69.6; $10,600 per acre.

Tract 4: 51 acres dryland cropland; 48 acres cropland; SRPG 71.3; $10,700 per acre.

Handling the auction was Eric Mueller, Farmers National Company, Omaha, Neb., 402-660-1044.