$4,500 per acre in Central Iowa

June 8, 2016 10:07 AM

A June 1 auction of 150 acres in Jasper County, Iowa, saw the multi-purpose farm sell for $4,500 an acre. The farm was located northwest of Newton and featured 94 tillable acres with a cropland CSR2 of 61.4 versus the county-average cropland CSR2 of 67.8. There were 32 acres in CRP with 23.5 acres in CRP at $5,113.83 per year through September 2023 and 8.5 acres at $1,392.70 per year through September 2016. Remaining acres were in timber.

Handling the auction were John and Kathy Van Zee, Farmers National Company, Mitchellville, Iowa, 641-521-0151.