Farm Progress is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Serving: NE

Market for farmland favors sellers

Curt Arens Field of soybeans
LAND SALES: BigIron Reality, based in Columbus, Neb., says that farmland is a sellers’ market right now.
Land values are strong amid low interest rates and good commodity prices.

Farmland prices are higher than a year ago, according to BigIron Realty. Commodity prices continue to be higher, and interest rates remain low. The outlook for farmers is better, making for a great sellers’ market.

BigIron Realty of Columbus, Neb., a licensed real estate broker in eight states, compiles the reports for this column. However, not all sales are handled by BigIron each month. For more information, contact BigIron at 800-887-8625.

The following are several of the most recent sales in Nebraska and Kansas:

Nebraska

East

Hamilton County. A total of 280 acres sold at online auction for $1,750,831.45 in two tracts. These two farms are both pivot-irrigated, selling with pivots on quality ground. Tract 1 consists of 145 acres, and Tract 2 has 135 acres. — Compliments of BigIron Realty

Merrick County. A total of 80.98 acres sold for $210,548. This dryland farm consists of 55.18 acres of cropland with the balance in grass. — Compliments of BigIron Realty

Central

Howard County. A total of 560 acres sold at online auction for $2,352,000. This productive farm is mostly irrigable with 411.3 acres certified with the Lower Loup Natural Resources District and 27 acres with the Farwell Irrigation District, along with a small tract of dry cropland. — Compliments of BigIron Realty

Greeley County. A total of 75.12 acres sold for $262,920. This combination farm is mostly row crops with some prairie hay on the north edge. — Compliments of BigIron Realty

Kansas

South-central

Reno County. A total of 157 acres sold at online auction for $314,400. This farm has 127.5 acres of cropland and 27 acres in the Conservation Reserve Program. This is prime hunting ground. — Compliments of BigIron Realty

Northwest

Cheyenne County. A total of 711.4 acres sold at online auction for $861,179.30 in three tracts. Tract 1 is mostly cropland, with Tracts 2 and 3 as grass with good fences and some outbuildings. — Compliments of BigIron Realty

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish