Farm Progress

Good cropland with irrigation, excellent pasture and potential for hunting help land sell for above $1,500 per acre.

Walt Davis 1, Editor

June 8, 2018

6 Min Read
BEAUTY SELLS: "Something for everyone," including excellent pasture and hunting opportunity, helps land sell for higher than average price.

Land values continue to soften with the ongoing downturn in the ag economy as a whole, but good quality land that offers amenities can still bring an above average price.

That held true for the sale of about 240 acres of Smith County land was sold by private treaty in a deal that closed April 17.

"This was truly a unique property offering something for everyone," listing agent Monty Smith says. The property has 113 acres of cropland, with irrigation rights through the Kirwin Irrigation Canal, a surface right to pump from the Solomon River and three wells.

The property also included 110 acres of high-quality, well-maintained pasture with good fencing.

For the hunters, the north fork of the Solomon River runs through the property, offering excellent opportunity for game.

The property brought $1,459 per acre. The seller was not disclosed. Farmers National Company handled the sale.

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Kearny County
About 160 acres of Kearny County cropland and mineral rights was sold at private auction in April. The property brought $1,320 per acre. The seller was RJK. Faulkner Real Estate and Auction of Ulysses handled the sale.

Grant County
About 265 acres of Grant County land was sold at private auction in May. The property was sold in three tracts. Tract 1, about 80 acres of dryland farmland, brought $567.50 per acre.

Tract 2, about 24 acres of dry cropland, was bid in at $1,125 per acre, while the final tract, about 160 acres, brought $720 per acre. The sellers were Kenneth and Kathryn Hageman. Faulkner handled the sale.

Haskell County
A 38-acre horse facility in Haskell County was sold at auction of May 14. The property brought $130,000. The seller was Webber. Faulkner handled the sale.

Gove County
About 360 acres of Gove County cropland was sold at public auction May 4. The property, all dryland, was sold in three tracts. It was described as premier land with nearly level lie and excellent soil types. There is current oil production on tract 1, and mineral rights on all three tracts went to the buyer.

Tract 1, about 160 acres of cropland, brought $1,250 per acre. Tract 2, about 40 acres with 32 in crops and the remainder in grass, brought $870 per acre. The final tract, another 160 acres of cropland, brought $990 per acre.

The sellers were Alice and Pete Donley. Farm and Ranch Realty of Colby handled the sale.

Kearny, Greeley, Hamilton counties; Prowers County, Colo.
More than 2,200 acres of cropland and grassland and acres enrolled in the Conservation Reserve Program was sold at public auction on May 8. The land was sold in seven tracts.

Tract 1, in Greeley County, was 80 acres with 70 in cropland and 10 in grass, brought $750 per acre while tract 2, also in Greeley County, was 320 acres of cropland and brought $775 per acre.

Tract 3, about 160 acres of Hamilton County cropland, was bid in at $800 while tract 4, about 320 acres of cropland planted to wheat in Prowers County, Colo., brought $825 per acre.

Tract 5 was 310 acres of Hamilton County cropland with about 95 planted to wheat. It brought $425 per acre while tract 6, abou6 720 acres of dry cropland in Hamilton County, brought $450 per acre.

The final tract, about 320 acres enrolled in CRP, brought $575 per acre. The seller was Hines Farms. Farm and Ranch Realty handled the sale.

Thomas and Logan counties
About 140 acres of cropland in Thomas County and several city lots in Thomas and Logan Counties were sold at public auction on May 18.

The property was sold in 10 tracts.

Tract 1, about 52 acres of cropland brought $2,000 per acre, while tract 2, about 48 acres, was bid in at $2,700 per acre. Tract 3, about 33 acres, brought $2,000. Tract 4 was a three-acre site and brought $8,000.

The remaining tracts were all lots in Oakley. Tract 5 brought $21,500, tract 6 brought $11,000, tract 7 brought $700, tract 8 brought $600, tract 9 brought $1,100 and tract 10 brought $1,300.

The sellers were Kevin and Leon K. Stoppel. Farm and Ranch Realty handled the sale.

Rush County
About 150 acres of Rush County land was sold in an auction that closed on April 12. The land brought $1,160 per acre with all mineral rights conveyed to the buyer. The seller was Newkirk. Farmers National Company handled the sale.

Russell County
About 816 acres of excellent pastureland in Russell County was sold at auction in a deal that closed April 30.

The property was offered in two tracts, but they sold together. The pasture overlooks Lake Wilson and offers multiple ponds, two windmills, a stock well with a solar pump, high-quality catch pens and fences in very good condition. The pasture is cross-fenced for rotational grazing and has a spring for an additional water source. The property brought $975.30 per acre. The seller was Ringler. Farmers National Company handled the sale.

Stafford County
About 80 acres of Stafford County farmland was sold at auction on April 23.

The land, all dryland cropland, was planted to wheat. It brought $1,400 per acre. The sellers were Nancy Lou Copeland Halbgewachs and Ronald Halbgewachs. Carr Auction and Real Estate of Larned handled the sale.

Rice County
About 320 acres of Rice County land sold in three tracts in a auction on May 1.

Tract 1, surface rights only to 80 acres of dryland cropland planted to wheat, sold for $1,455 per acre. Tract 2, about 80 acres of dryland cropland planted to wheat brought $2,160 per acre, while tract 3, about 160 acres with 60 acres in dry cropland, 60 acres in pastures and the remainder in CRP was bid in at $1,125 per acre.

The seller was Jennifer Peters. Carr Auction and Real Estate handled the sale.

Pawnee County
About 306 acres of Pawnee County cropland enrolled in CRP was sold at auction on May 21. The land brought $880 per acre. The seller was Shumate and Steinert. Carr Auction and Real Estate handled the sale.

Phillips County, Colo.
About 960 acres of cropland and grassland in Phillips County, Colo. were sold at public auction on May 15. The property was sold in six tracts.

Tract 1, 160 acres of cropland planted to wheat, brought $900 per acre. Tract 2, 160 acres planted to wheat, brought $1,000 per acre. Tract 3, 160 acres of open cropland, brought $1,150 per acre. Tract 4, 160 acres of open cropland, brought $700 per acre. Tract 5, about 160 acres of open cropland, brought $700 per acre. The final tract, 160 acres with 140 in cropland and 20 acres in grassland, brought $1,550 per acre. The seller was Grubbs Farmland Trust. Farm and Ranch Realty of Colby handled the sale.

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