July 17, 2020
High-quality irrigated cropland in South Dakota and prime Red River Valley cropland in North Dakota sold through private sales and auctions in May and June.
The parcels in South Dakota sold for $6,000 to $7,000 per acre. The tracts in North Dakota — one in the northern and one in the southern Red River Valley — sold for approximately 5,300 per acre. Plus, there were several crop and pastureland sales in the central and western areas of the Dakotas:
Union County, S.D. Two irrigated tracts of farmland in Union County, S.D., sold through private sales in May and June. One sale comprised approximately 116 acres. The land was located about a half mile south of the ethanol plant at Hudson, S.D. It sold for $7,892 per acre. There is sand and gravel as well as about 60,000 bushels of grain storage on the property.
The other parcel was 230 acre tract with a level, irrigated parcel and a rolling terraced parcel. About 30 of the 230 acres were non-cropland. It sold for $6,845. — Listed by Farmers National Co. Call 800-346-2650 or visit farmersnational.com.
Pembina County, N.D. Approximately 160 acres of cropland in Pembina, N.D., sold at a public auction in June for $5,312 per acre. The sale bill described it as excellent farm with high quality soils.
Ninety percent of the soils are Glyndon silt loam, a high-quality soil in the Red River Valley. The overall crop productivity index rating is 89.3. — Auction managed and conducted by Farmers National Co.
Cass County, N.D. Approximately 160 acres of “very productive Red River Valley land” in Cass County, N.D., sold for $5,332 per acre in May. The buyer was able to farm it this year and had the first opportunity to lease the adjacent half section on a crop share basis. — Auction managed and conducted by Farmers National Co.
Buffalo County, S.D. A 133-acre parcel of land between Gann Valley and Kimball, S.D., sold for $2,274 per acre in an online auction that ended May 28.
All but about four acres of property is tillable with the balance in a slough, dugout, ditches and roads. The gently rolling land can be farmed in half mile rounds, according to the sale bill.
The area also is rich with pheasants, deer and other upland game birds. — Auction conducted and managed by Advantage Land Co., Brookings, S.D. Call 605-692-2525 or visit advantagelandco.com.
Stutsman County, N.D. Approximately 689 acres of what the sale bill described as “quality crop, pasture and Conservation Reserve Program (CRP) land” northwest of Gackle, N.D., in Stutsman County sold in three parcels at a May 14 public auction.
An 80-acre tract of cropland sold for $1,600 per acre. A 369-acre parcel and a 240-acre parcel of grassland sold for $840 and $900 per acre, respectively.
Forty-four acres of the combined property is enrolled in CRP. The payment is $2,186 per acre annually. The contract expires 2022. There are no grassland easements in place on the property. — Auction managed and conducted by Pifer’s Auction and Realty, Moorhead, Minn. Call 877-700-4099 or visit pifers.com.
Butte County, S.D. The 570-acre Horse Creek Farms, Vale, S.D., sold in six tracts of 49 to 160 acres for an average of $2,128 per acre at an auction May 26.
Prices ranged from $1,400 per acre (grass-brushy draws) to $3,300 per acre (small ranch headquarters on Belle Fourche River). The pivot irrigated land brought $2,700 per acre. — Auction managed and conducted by Hewitt Land Co., Piedmont, S.D., and Pierre, S.D. Call 605-791-2300 for Piedmont and 605-494-0205 for Pierre, or visit hewittlandcompany.com.
Burleigh County, N.D. Property described as excellent pastureland with “great hunting opportunities 45 minutes north of Bismarck, N.D.,” sold for $975 per acre in an auction June 25. The land has three- and four-wire perimeter fencing, a water well and “strong soil types that produce lush grasses for grazing,” according to the sale bill. The land was leased out in 2020, but the buyer received the entire 2020 lease income at closing. — Auction managed and conducted by Pifer’s Auction and Realty.
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