$7,550 per acre in Southwest Minnesota

January 18, 2017 11:40 AM

A Jan. 13 auction saw 45.5 acres in Pipestone Co., Minn., sell for $7,550 per acre. The farm was located 1 mile south of Holland. If offered 43 tillable acres and a substantial amount of existing drain tile. The soil PI was 95.8.

A second, non-contiguous parcel of 44 acres nearby also sold at the auction for $5,225 per acre. It featured 38 tillable acres and a soil PI of 80.4.

Handling both auctions was Dean Stoltenberg, Pipestone Realty, Jasper, Minn., 507-348-73852.