$5,000 and $5,700 per acre in Southeast Iowa

August 2, 2016 10:29 AM

A July 26 auction in Henry County, Iowa, saw 80.5 acres sell in two tracts for $5,000 and $5,700 per acre each. The farm was located two miles west of Trenton.

Tract 1: 21 acres with 16.5 acres tillable of which nearly 4 acres are in CRP through 2022 and 2023; cropland CSR2 51.1 versus a 63.1 county average cropland CSR2; $5,700 per acre.

Tract 2: 59.5 acres with 40 acres tillable of which 19 acres are in CRP through 2022 and 2023; cropland CSR2 57.4; $5,000 per acre.

Handling the auction was Lynn Richard, Steffes Group, Mt. Pleasant, Iowa, 319-385-2000.