$2,875 to $3,925 per acre for Pasture in East-Central Missouri

June 23, 2016 11:32 AM

A June 18 auction saw 185 acres of pasture sell for $2,875 to $3,925 an acre. The cow-calf operation was located about 2.5 miles south of Madison. The pasture was offered in three tracts. Each tract was purchased by a different individual.

Tract 1 featured 45 acres and fronted a highway and paved county road with rural water. Also included was an open-front pole barn. It sold for $3,925 per acre.

Tract 2 offered 60 acres with frontage on the county road. It brought $2,875 an acre.

Tract 3 featured 80 acres with frontage on the county road. It sold for $3,075 an acre.

Handling the auction was Wheeler Auctions & Real Estate, Paris, Mo., 661-327-5890.