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Serving: KS

Cropland reaches $3,000 per acre in some counties

precinbe/Getty images Wheat field
CROPLAND: Bidders at land auctions this spring consistently raised their paddles for productive farm ground.
Sale of the Quarter: Prices continue to rise for productive cropland.

Kansas land values, especially for highly desirable cropland, are growing stronger, as evidenced by the sale of 300 acres of Lane County land that sold at auction April 29.

The two quarters, south of Pendennis, Kan., were offered in one tract. The half-section is nearly flat with a 1.92-acre grass tract in the northeast corner of the property. The land has been custom-farmed, and the buyer received 100% of the growing wheat crop. The land sold for $3,000 per acre. The seller was the Helen Hanks Trust. Farm & Ranch Realty Inc., Colby, Kan., handled the sale.

Lane County

In another auction, April 22, 160 acres of Lane County land, southeast of Dighton, was sold for $2,250 per acre. The land had been approved but not yet accepted for the migratory game bird or SAFE (State Acres for Wildlife Enhancement) program by the Natural Resources Conservation Service at the sale date. The property had a history of wheat and sorghum production. The seller was Keith Burditt Jr. Farm & Ranch Realty Inc., handled the sale.

In another transaction, about 520 acres of crop and grassland northeast of Dighton, also in Lane County, sold at auction Feb. 18. Tract 1, 160 acres of cropland and a homestead and pasture, sold for $1,575 per acre. Tract 2 was 360 acres of pasture with two oil wells, a tank battery and water. All of the seller’s interest in the mineral rights transferred to the buyers at closing, except the seller reserved 100% of the current royalty production perpetually. It sold for $1,300 per acre.

Kansas land values map

Sales of the quarter (Farm Progress map)

The seller was Mary Majors, with proceeds donated for benefit of the United Methodist Church and Lane County Hospital. Farm & Ranch Realty Inc. handled the sale.

Finney County

About 320 acres of Finney County land was sold at auction April 22. The parcel included 258 acres of cropland, with about 58 acres in the Conservation Reserve Program. The tract, on the Finney County-Lane County line, brought $2,200 per acre. The seller was Wade Boynton. Farm & Ranch Realty Inc. handled the sale.

Scott County

About 160 acres of Scott County land south of Scott City was sold at auction April 22. The land included 155 acres of planted wheat, and 8 acres enrolled in CRP. The property sold for $1,700 per acre. The seller was the Hutchins Trust. Farm & Ranch Realty Inc. handled the sale.

Rawlins County

About 315 acres of Rawlins County land was sold at auction April 19 in two tracts. Tract 1 was 160 acres of cropland with a history of wheat and corn production and sold for $4,100 per acre. Tract 2 included 124 acres of cropland and 30 acres of grassland and brought $2,700 per acre. The seller was Ryan Cassaw. Farm & Ranch Realty Inc. handled the sale.

Thomas County

About 275 acres of Thomas County land was sold at auction April 19. The half- section of pasture offered good fences and a building with a working chute and facilities for working cattle, as well as windbreaks and fencing panels. The tract sold for $1,850 per acre. The seller was Ryan Cassaw. Farm & Ranch Realty Inc. handled the sale.

Norton County

About 790 acres of Norton County land, between New Almelo and Lenora, was sold at auction April 13. Tract 1 included an 87-acre farmstead with a three-bedroom, two-bathroom home; two shop buildings; a barn; and two 3,500-bushel grain bins with pits. It also included 218 acres of cropland. It sold for $1,100 per acre.

Tract 2 was 485 acres of cropland and grassland. It was divided into two subtracts and sold for $1,600 per acre and $1,350 per acre. The seller was the Wilbur Johnson Estate. Farm & Ranch Realty Inc. handled the sale.

Graham County

About 410 acres of Graham County cropland, south of New Almelo, Kan., sold at auction April 13. The property sold in 3 tracts. Tract 1 was 160 acres of cropland that sold for $2,800 per acre. Tract 2, was also 160 acres of cropland and also sold for $2,800 per acre. And Tract 3 was 90 acres of cropland planted to wheat and sold for $2,700 per acre. The seller was the Wilbur Johnson Estate. Farm & Ranch Realty, Inc., handled the sale.

Gove County

About 480 acres of prime dryland south of Quinter, in Gove County, sold at auction March 25. The land sold in three tracts of 160 acres each. Tract 1 was split with sorghum and wheat stubble, and sold for $3,100 per acre. Tract 2, with sorghum stubble and growing wheat, sold for $3,300 per acre. Tract 3, completely in sorghum stubble, sold for $3,000 per acre. The sellers were Don Albin Farms LLC and Jeff Lyman. Farm & Ranch Realty Inc. handled the sale.

In another transaction, two tracts of Gove County cropland were sold at auction March 15. The two 160-acre tracts straddle County Road 20, south of the community of Campus. Tract 1 was planted to wheat, and the buyer receives the landlord’s share of the 2022 crop at no added expense. Tract 2, also in a wheat-fallow rotation, included mineral rights and oil royalty income. Both tracts sold for $4,200 per acre. The seller was the Haviland family. Farm & Ranch Realty Inc. handled the sale.

Sherman County

Bidders had a prime opportunity to bid on 880 acres of a dryland farm in Sherman County, near Goodland, March 4. The farm, a mixture of growing wheat and fallow acres, sold in six tracts.

Tracts 1 and 2 were northwest of Goodland. Tract 1, 150 acres of cropland, sold for $3,000 per acre. Tract 2, 90 acres of grassland, sold for $1,300 per acre. Tract 3, 160 acres of cropland northeast of Goodland, 78 acres of which was planted to wheat, sold for $3,150 per acre.

Tracts 4 and 5 were southeast of Goodland. Tract 4, 200 acres of cropland with 98 acres planted to wheat, sold for $2,550 per acre. Tract 5, 117 acres of grassland, sold for $1,100 per acre.

Tract 6, southwest of Goodland, was 160 acres of cropland, with 80 acres planted to wheat. It sold for $3,300 per acre. The seller was the Dill Family Living Trust. Farm & Ranch Realty Inc. handled the sale.

Decatur County

Bidders had an excellent opportunity to bid on a farmstead, cropland acres, and a city lot in Oberlin at auction Feb. 25. The farm ground and city lots sold in six tracts.

Tracts 1 to 5 composed the main farmstead, south of Oberlin. Tract 1 was 155 acres of primarily cropland, with some grass acres, and sold for $3,200 per acre. Tract 2 was 160 acres of cropland and sold for $3,300 per acre. Tract 3 was 148 acres of cropland and sold for $3,200 per acre.

Tract 4, the farmstead, was 13 acres with a two-bedroom, one-bath home; shop building; and two flat-bottom grain bins totaling 6,500 bushels of grain storage. It sold for $95,000.

Tract 5 was 155 acres of cropland and grassland and sold for $2,500 per acre.

Tract 6 was the city lots in Oberlin, which sold for $7,000.

The sellers were the Pheasant Draw Farm and Gladys Schichtel Trust (formerly the J. Eldon Smith Farm). Farm & Ranch Realty Inc. handled the sale.

The seller was Mary Majors, with proceeds donated for benefit of the United Methodist Church and Lane County Hospital. Farm & Ranch Realty Inc. handled the sale.

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