Iowa Farmland Auction Price Results September 2016

Oct 9, 2016

Jason J Smith

Jason J Smith

Auctioneer & Land Broker

Jason is an experienced farmland broker and auctioneer with extensive experience in farmland sales across this Midwest.  Jason has worked with hundreds of clients to create advantageous outcomes.  If you are selling land schedule a consultation with Jason by calling or using the calendar.

Phone: 515-537-6633

Iowa Farmland Auction Results September 2016

DreamDirt’s Farmland Market Analyst tracks farmland prices across Iowa to maintain our comparable sales database offering our clients the best most current information available for creating accurate farmland appraisals. This information is collected from other auctioneers and real estate brokers and includes DreamDirt’s transactions. This research supports our land brokers, agents and auctioneers valuation efforts and is offered to you for your research purposes with the understanding you should verify all information you intend to rely on for financial purposes and decision making. You may use this information for our own personal use, however it may not be republished for commercial purposes.  You can contact us at (855)376-3478 if you have any questions.

IOWA FARMLAND PRICES SEPTEMBER 2016

As we move into Fall the farmland sales scene it heating up.  Harvest has started and we are seeing what a tremendous crop we have in parts of Iowa.  How that affects the final numbers is yet to be seen, but some areas have had an exceptional start with some really high yields.  Last week the USDA announced they will be making more than $7 billion in payments under the ARC-County and PLC programs to assist participating producers with price losses in the current market.

For this months sales our average dollars per CSR2 point came out at $100.44 across the state of Iowa.  Last months transactions averaged $98.43 statewide so we were up slightly this month.  Sales in the month of September averaged $7231 per acre.  In total 7998 acres of sales were collected by DreamDirt with a total sale prices of $56,477,360 in total farmland sales across the state.

If you are considering selling a farm contact us and take advantage of the many resources we have to help you be successful in your auction.  We specialize in all types of Agricultural Assets for estates, retirements, downsizing and liquidation auctions.  Get a free evaluation and appraisal by calling 855-376-3478

Download the Iowa Farmland Prices Report for September 2016

County

Date Acres Price $ $/Acre Property Type Land Use Percent  Tillable CSR2

Dollars CSR 2 Point

Butler County

9/7/2016

84

600,600

7,150.00

Ag Cropland

95%

80

$89.38

Worth County

9/7/2016

80

386,000

4,825.00

Ag Cropland

97%

55.5

$86.94

Cerro Gordo County

9/7/2016

132

801,900

6,075.00

Ag Crop/Rec

92%

77.5

$78.39

Worth 

County

9/7/2016

36

108,900  

3,025.00

Ag Cropland

89%

54

$56.02

Union County

9/8/2016

90.74

553,514

6,100.00

Ag Cropland

90%

73.4 

$83.11

Cerro Gordo County

9/8/2016

80

734,000

9,175.00

Ag Cropland

96%

82.9

$110.68

Buchanan County

9/8/2016

40

424,000

10,600.00

Ag Cropland

93%

85.2

$124.41

Buchanan County

9/8/2016

55

456,500

8,300.00

Ag Cropland

99%

86.4

$96.06

Fremont County

9/8/2016

87

643,800

7,400.00

Ag Cropland

98%

88.6

$83.52

Fremont County

9/8/2016

60

342,000

5,700.00

Ag Crop/CRP

73%

90.8

$62.78

Fremont County

9/8/2016

178

1,085,800

6,100.00

Ag Cropland

91%

74.5

$81.88

Fremont County

9/8/2016

150

1,140,000

7,600.00

Ag Cropland

99%

71.5

$106.29

Fremont County

9/8/2016

231

716,100

3,100.00

Ag Mix Crop/CRP

43%

60.5

$51.24

Fremont County 9/8/2016

40

214,000

5,350.00

Ag Cropland

98%

80.8

$66.21

Boone County 9/8/2016

40

372,000

9,300.00

Ag Cropland  

86

$108.14

Delaware County

9/8/2016

74.74

754,874

10,100.00

Ag Cropland

94%

74

$136.49

Franklin County

9/9/2016

157

1,146,100

7,300.00

Ag Crop/CRP

97%

82.8

$88.16

Linn County

9/9/2016

34

353,600

10,400.00

Ag Cropland

92%

86.6

$120.09

Webster County 9/9/2016

80

728,000

9,100.00

Ag Cropland

96%

82

$110.98

Webster County 9/9/2016

120

816,000

6,800.00

Ag Cropland

97%

77.8

$87.40

Webster County

9/9/2016

160

912,000

5,700.00

Ag Cropland

87%

75.6

$75.40

Webster County

9/9/2016

37

107,300

2,900.00

Ag Cropland

92%

69.6

$41.67

Plymouth County

9/9/2016

80

1,056,000

13,200.00

Ag Cropland

96%

79

$167.09

Polk County

9/9/2016

145.36

872,160

6,000.00

Ag Cropland

84%

74.1

$80.97

OBrien County 9/9/2016

155.83

1,184,308

7,600.00

Ag Cropland

84%

86.4

$87.96

Clayton County 9/13/2016

423

1,560,000

3,687.94

Ag Cropland

54%

31.4

$117.45

Woodbury County 9/13/2016

132.952

850,892.80

6,400.00

Ag Cropland

95%

65.7

$97.41

Cerro Gordo County

9/13/2016

80

402,000

5,025.00

Ag Cropland

97%

55.8

$90.05

Cerro Gordo County

9/13/2016

80

236,000

2,950.00

Ag Pasture/Crop

47%

47.4

$62.24

Calhoun County

9/13/2016

80

792,000

9,900.00

Ag Cropland

98%

83.4

$118.71

Calhoun County 9/13/2016

193

1,746,650

9,050.00

Ag Cropland

97%

84.3

$107.35

Marion County 9/14/2016

46.7

238,170

5,100.00

Ag Cropland

89%

79.4

$64.23

Grundy County 9/14/2016

149.18

1,521,636

10,200.00

Ag Cropland

99%

89.9

$113.46

Black Hawk County

9/15/2016

240

1,704,000

7,100.00

Ag/Com Crop/Hog Conf

89%

84.8

$83.73

Black Hawk County 9/15/2016

97

582,000

6,000.00

Ag Cropland

91%

80

$75

Shelby County

9/15/2016

116

841,000

7,250.00

Ag Cropland

93%

71.8

$100.97

Humboldt County 9/15/2016

182.49

1,304,803.50

7,150.00

Ag Cropland

96%

83.1

$86.04

Webster County

9/15/2016

80

768,000

9,600.00

Ag Cropland

99%

85.9

$111.76

Butler County 9/15/2016

33

64,350

1,950.00

Ag Cropland

64%

69.3

$28.14

Jefferson County

9/16/2016

56.9

284,500

5,000.00

Ag Cropland

71%

64

$78.13

Plymouth County 9/16/2016

80

984,000

12,300.00

Ag Cropland

98%

81.6

$150.74

Cherokee County

9/16/2016

11.26

97,000

8,614.56

Ag Rural Resid.

0%

65.5

$131.52

Cherokee County 9/16/2016

3.27

81,000

24,770.64

Ag Rural Resid.

0%

53.4

$463.87

Cherokee County

9/16/2016

29.26

209,209

7,150.00

Ag Cropland

93%

89.6

$79.80

Cherokee County 9/16/2016

33.81

91,287

2,700.00

Ag Pasture/Crop

1%

21.4

$126.17

Cherokee County

9/16/2016

81.19

211,094

2,600.00

Ag Crop/Pasture

19%

34.9

$74.50

Cedar County 9/16/2016

108

982,800

9,100.00

Ag Cropland

97

79.3

$114.75

Audubon County

9/16/2016

76.29

415,780.50

5,450.01

Ag Cropland

91%

63.7

$85.56

Carroll County 9/17/2016

122.53

857,710

7,000.00

Ag Cropland

90%

72.9

$96.02

Des Moines County

9/20/2016

24.96

77,376

3,100.00

Ag Cropland

67%

45

$68.89

Des Moines County 9/20/2016

103.31

320,261

3,100.00

Ag Cropland

76%

67.4

$45.99

Des Moines County

9/20/2016

77.41

371,568

4,800.00

Ag Cropland

92%

64.7

$74.19

Des Moines County 9/20/2016

78.78

452,985

5,750.00

Ag Cropland

99%

64.9

$88.60

Butler County

9/20/2016

40

360,000

9,000.00

Ag Cropland

98%

87.4

$102.97

Des Moines County 9/20/2016

64.48

538,408

8,350.00

Ag Cropland

94%

75.6

$110.45

Taylor County

9/21/2016

170

678,375

3,990.44

Ag CRP

86%

58.1

$68.68

Jasper County 9/22/2016

66.5

600,162.50

9,025.01

Ag Cropland

100%

83.9

$107.57

Jasper County

9/22/2016

137.5

1,278,750

9,300.00

Ag Cropland

97%

85.6

$108.64

Jasper County 9/22/2016

237

2,180,400

9,200.00

Ag Cropland

91%

81.3

$113.16

Jasper County

9/22/2016

80

480,000

6,000.00

Ag Cropland

86%

68.1

$88.10

Jasper County 9/22/2016

60

390,000

6,500.00

Ag Cropland

97%

68.9

$94.34

Jasper County

9/22/2016

60

336,000

5,600.00

Ag Cropland

91%

71.8

$77.99

Lee County 9/22/2016

70

301,000

4,300.00

Ag Cropland

84%

54.3

$79.19

Lee County

9/22/2016

40

161,000

4,025.00

Ag Cropland

90%

39.7

$101.39

Lee County

9/22/2016

72.45

224,595

3,100.00

Ag Cropland

81%

30.7

$100.98

Johnson County 9/23/2016

123.91

1,189,536

9,600.00

Ag Cropland

76%

77.9

$123.23

Allamakee County

9/23/2016

131

1,100,000

8,396.95

Ag Cropland

84%

61.6

$136.31

Tama County

9/23/2016

129.87

168,831

1,300.00

Ag Recreational

0%

74

$17.57

Wapello County

9/24/2016

71

859,100

12,100.00

Ag Cropland

89%

84.9

$124.52

Wapello County 9/24/2016

59

536,900

9,100.00

Ag Cropland

96%

85.9

$105.94

Wapello County 9/24/2016

60

162,000

2,700.00

Ag Recreational

49%

49.3

$54.77

Plymouth County

9/26/2016

80

1,016,000

12,700.00

Ag Cropland

95%

88.2

$143.99

Sioux County

9/26/2016

80

1,088,000

13,600.00

Ag Cropland

96%

95

$143.16

Sioux County 9/26/2016

160

2,224,000

13,900.00

Ag Cropland

96%

88.6

$156.88

Webster County 9/27/2016

79

655,700

8,300.00

Ag Cropland

98%

73

$113.70

Lyon County

9/27/2016

76.2

1,097,280

14,400.00

Ag Cropland

100%

68.3

$210.83

Poweshiek County

9/28/2016

74.38

929,750

12,500.00

Ag Cropland

93%

91.9

$136.02

Poweshiek County 9/28/2016

119.6

723,580

6,050.00

Ag Cropland

95%

67

$90.30

Marion County

9/29/2016

69

324,300

4,700.00

Ag Cropland

95%

48.8

$96.31

Jasper County

9/29/2016

126

882,000

7,000.00

Ag Cropland

91%

70.9

$98.73

Hancock County 9/30/2016

160

1,280,000

8,000.00

Ag Cropland

96%

78.6

$101.78

Marion County 9/30/2016

33.7

97,730

2,900.00

Ag Cropland

55%

47.7

$60.80

Marion County 9/30/2016

19.46

56,434

2,900.00

Ag Cropland

84%

55.7

$52.06

You can find additional information on Iowa Farmland Prices at www.DollarsAndDirt.com

Want to stay abreast of future reports and get land sale results as they happen?  Text FARMLAND to 313131 and get text messages with land sale results.


DreamDirt is a full service real estate brokerage and farm auction company based in Iowa providing auction,  land auction and real estate listing services.  Contact one of our team members about selling farmland, farm auctions, estates, retirements, appraisals, management and more.  We are always glad to help, even if its just to answer your questions and help you clear the fog from the process and helping you understand where to start.

DreamDirt Farm and Ranch Real Estate Iowa Sales Team

Jason Smith (712)592-8965 [email protected]

Tom Bradley (515)202-7687 [email protected]

Chad Bals (641)745-3587 [email protected]

Jason Dvorak (515)238-9865 [email protected]

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