Farm Progress

Typical for this time of year, more land has been coming to market recently.

September 5, 2018

2 Min Read
HOLDING STEADY: Despite lower commodity prices, land prices in eastern Nebraska are mostly holding steady.

More land is coming to the market, which is typical for this time of the year, according to BigIron Realty. Even with low commodity prices, land prices in eastern Nebraska are holding steady with only slight declines. More numbers will be available when unreserved land auctions come to market.

BigIron Realty of Columbus, a licensed real estate broker in eight states, compiles the reports for this column, but not all sales are handled by BigIron each month. Contact Big Iron at 800-887-8625. The following are several of the most recent sales.

Northeast Nebraska

Knox County: A total of 65 acres sold for $341,250, or $5,250 per acre. This pivot-irrigated cropland comes with a 2005 Reinke five-tower pivot. It has a newer PSI 5.7-liter propane engine and an 80-hp Amarillo gearhead with a Sargent irrigation pump. — Compliments of UFarm Real Estate

Eastern Nebraska

Lancaster County: Almost 25 acres sold for $245,000. This property offers native grasses, fruit trees and mature cottonwoods. There is a registered irrigation well. — Compliments of BigIron Realty

Central Nebraska

Garfield County: A total of 160 acres sold for $180,000, or $1,125 per acre. It offers a combination of dry cropland and rangeland with excellent access. The rangeland does not have a source for livestock water. — Compliments of Agri Affiliates Inc.

Southwestern Nebraska

Keith County: Close to 163 acres sold for $2.25 million. This property includes a feedlot and supporting improvements, along with about 65 acres of rangeland. — Compliments of Agri Affiliates Inc.

Keith County: Just over 171 acres sold for $650,000. This is a productive, pivot-irrigated quarter with a new seven-tower Valley pivot and a 50-hp electric motor. According to the Twin Platte NRD, it has 138.67 certified irrigated acres. — Compliments of Agri Affiliates Inc.

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