$4,200 per acre in Northeast Iowa

July 7, 2016 04:57 PM

A July 7 auction saw 140 acres in Fayette County, Iowa, sell for $4,200 an acre. The farm was located two miles north of Maynard and was offered in two tracts, but purchased as a single unit. The combined unit featured 119 tillable acres and a combined CSR2 of 54.8 on the cropland versus a county-average cropland CSR2 of 68.0.

Handling the auction was Clint Kaller, Hertz Real Estate Services, Waterloo, 319-234-1949.