November 1, 2017
Corn yields are above-average this year across the Corn Belt, while soybean yields are what people were hoping for. There have been a few land sales that indicate land is stable. Approximate marketing time for a farm priced correctly is about 90 days.
Big Iron Realty, St. Edward, a licensed real estate broker in eight states, compiles the reports for this column, but not all sales are handled by Big Iron each month. Contact Big Iron at 800-WE-SELL8. The following are several of the most recent sales.
Knox County: 157.70 acres sold for $866,250. This property is a nice combination farm with a home and numerous outbuildings, with access off a hard-surface road. — Compliments of Big Iron Realty
Holt County: 128.75 acres sold for $327,025. This is an outdoor enthusiast's property consisting of two ponds with dams stocked full of a wide variety of fish, established ATV trails, and a natural habitat for wildlife like deer, turkey, prairie chicken, dove and quail, as the property is surrounded by grain fields. — Compliments of Farmers National Co.
Dawson County: 70.74 acres sold for $300,000. This property is a gravity-irrigated farm just southeast of Lexington. — Compliments of Agri Affiliates Inc.
Phelps County: 162.10 acres sold for over $1.3 million. This is a good-quality pivot-irrigated quarter with dry crop and off-season pasture corners along with grain storage. — Compliments of Agri Affiliates Inc.
Red Willow County: 326.69 acres sold for $441,031.50. With dry cropland and native pasture ground, the farmland has productive soils and nearly level topography. Hard-land pasture has a windmill and dam for water source. — Compliments of Farmers National Co.
Cheyenne County: 163 acres sold for $84,000. This has 157.4 acres enrolled in the Conservation Reserve Program through October 2020, with an annual payment of $5,481. — Compliments of Farmers National Co.
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