Iowa’s Weekly Farmland Sales Report Sept 17

Sep 17, 2021 | Iowa Farmland Prices, Iowa Farmland Report, Iowa Land Auction Company, Land Auctions

Jason Smith

Jason Smith

Auctioneer, Land Broker, Appraiser

Jason is a farm real esate processional in Iowa licensed as a broker and auctioneer.  The Iowa Farmland Prices Report is an aggregation of farmland sales across the entire state of Iowa.  DreamDirt has offices in Mason City, Des Moines, Onawa and Storm Lake.

Email: jason@dreamdirt.com | Phone: (515) 537-6633

This week at DreamDirt we were honored to bring on two new farmland auction listings to the site.  In Sac County, Iowa we will be selling an exceptional quality farm with 92.6 CSR2 for the Caliber Land Company.  This 116.48 acres is on a hard surface road and is a stand out farm!  In Crawford County, the Krueger Family has listed 94.16 acres of high quality farmland just outside of Ricketts, southwest of Schleswig, Iowa.  This farm is located in 2 tracts and lies on either side of 180th Street south of E26.  Both of these farms will be selling in early October and can be found on our bidding platform.  Click on the image to view the individual auctions or give us a call to learn more about them at 515-537-6633

Odebolt iowa land auction
land auction near Schleswig iowa
Combine with farmland in iowa

It’s the 3rd week in September and the combines were rolling in Iowa.  I caught this unit just after the full moon came up on September 18th in northwest Iowa.  Things have barely gotten started but they are moving in this area. I could count around 15 soybean fields that were completely harvest but in many places could find beans that had not defoliated yet.  Some corn has been coming out but in most places it looks like there were just testing equipment, opening fields or checking moisture.  Farmers near some Ethanol plants can harvest corn at higher moistures than they typically would as it can be delivered with higher moisture.  Our agents in southern Iowa started reporting combines moving a full 10 days before we saw anything moving in northern Iowa and he says they have a pretty decent start on harvest south of Interstate 80.  With dry conditions, not much rain in the extended forecast it may be a fast harvest again this year.  An interesting twist to Harvest 2021, as I have talked to some of my farming friends, clients and relatives they are having difficulty getting new combines this year, and parts to fix existing combines.  The supply disruptions from COVID have created an impact thats forcing many to make due.  Maybe thats a small contributing factor to the run on land this year?  No combines or tractors to buy so spend the money on land?

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Iowa Farmland Sales News This Week

It was an active week in farmland auctions across Iowa again this week with 12 auctions tracked.  Prices were solid again this week with the top sale in coming from southern Iowa’s Washington County at $16,800 per acre!  2nd pace was Hancock County hitting $15,600 per acre and O’Brien County not far behind at $15,000 for an acre of farmland.  The upcoming week includes more auctions yet and I fully expect this weeks prices will hold up pretty easily even with harvest starting.  I know many times sellers want to avoid selling during the harvest but honestly, selling farms during harvest is probably one of the best times to catch people in the best mood.  First, its Fall and the farm community loves the Spring and Fall, they feel good during those periods but Fall brings something special.  Spring is still filled with uncertainty but hope.  Fall brings finality and often reward.  Spending money in the Fall is more calculated, in the Spring it can be a bit of a risk.  Remember, a confused mind says no.  I’m not arguing against Spring auctions, they work just fine, but I am arguing not to avoid a Fall harvest time auction because “farmers are busy”. They enjoy a break, a small gathering, a chance to talk crops and yield at an auction and get back to work.  Many farmers often wait for the humidity and dew to settle before harvesting for the day so morning auctions rarely ever interfere with harvest.

 

If you are considering a sale of land it is important to contact us as soon as you know so you can consider all options and any opportunities that may be available to you.  The more time you get to prepare the less stress there is in the process.    

Rachel Hoy is a licensed real estate agent and auctioneer at DreamDirt.  You can reach her at 515-954-8063 or email Rachel@dreamdirt.com 

County Acres Price
O'Brien County, IA 78.5 Acres $14,000
O'Brien County, IA 40 Acres $15,000
O'Brien County, IA 30.61 Acres $12,600
Audubon County 151.89 Acres $12,600
Audubon County 115 Acres $10,900
Monona County 115.27 Acres $6,800
Winnebago County 151 Acres $12,000
Winnebago County 72 Acres $8,500
Humboldt County 197.50 Acres $12,300
Washington County 80 Acres $16,800
Humboldt County 48.85 Acres $10,900
Hancock County 236 Acres $15,600
Keokuk County 160 Acres $11,562
Humboldt County 232 Acres $14,353
Ida County 311 Acres $12,800
O'Brien County 294.18 Acres $17,350
crowd at auction with auctioneer selling
heat map of Iowa Farmland sales

Iowa Land Prices at A Glance

Our Iowa Farmland Price Heatmaps have been a huge help for people that want to visiuliaze and research farmland prices in Iowa.  Here you can research your farm’s proximity or the statewide market and see individual sale results, average prices per acre, average price per CSR2 point as well as volumes of sales and the number of acres sold.  Use this market price research tool right here at DreamDirt.  Click the Iowa map to get started.

Request a Free Valuation for Your Farm or Land Property

Whether you’re ready to start the selling process, or even remotely curious, we will gladly provide you with a FREE Market Analysis! If you are in a position to sell land in the Midwest, we want to help you achieve the top of the market on your sale.

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Jason is an Auctioneer and Land Broker and the founder of DreamDirt Farmland Auctions, This week Iowa's Weekly Farmland report covers land auction results across Iowa and significant elements affecting Iowa's Farmland Market. Email: jason@dreamdirt.com | Phone: (515)...

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