$5,100 per Acre in Central South Dakota

A large tract of fertile central South Dakota cropland sold Aug. 26 for $5,100 an acre. The tract totaled 1,580 acres and was part of an auction featuring 2,064 acres in total. The additional acres featured 320 acres of pasture and 160 acres of hayland. The land was located in Sully County 6 miles northeast of Onida, which is north of Pierre.

All but 320 acres of the 2,064 acres were contiguous. A 320-acre parcel of cropland was located just a few sections to the west. The cropland was offered in six separate tracts and as one. It sold as one unit totaling 1,580 gross acres with 1,525 acres tillable. The Productivity Index on the soils averaged about 84 (maximum = 100). The new owner was to receive one-third of the 2015 crops, which included milo, sunflowers and spring wheat delivered free to Onida during harvest.

The cropland sold for $5,100 per acre; the pasture brought $2,225 per acre; and the hayland sold for $2,150 an acre.

Handling the auction was Todd Schuetzle, Dakota Land Co., Schuetzle Real Estate & Auction Firm, Pierre, S. D., 605-280-3115.