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: United States
Clark County cropland sells for $7,125 per acre

Clark County cropland sells for $7,125 per acre

Sale of the month: Several South Dakota farms bring $5,000-$6,000 per acre.

Some good cropland in the Dakotas was sold at auctions this fall. One quarter in Clark County, S.D., sold for $7,125 per acre. Sugarbeet, potato and dry-bean land in the northern Red River Valley in North Dakota sold for $3,812 per acre. See details about these and other auctions:

LAND PRICES: Good-quality cropland in the Dakotas brought respectable prices at auctions this fall.

Clark County, S.D., land auction
Three quarters of land in Clark County, S.D., sold in three tracts for an average of $5,684 per acre at an auction in November. Prices ranged from $7,125 to a low of $4,950 per acre. The auction drew a record crowd of prospective buyers, friends, neighbors and onlookers, says Marlin Fjelland, one of the auctioneers. Two of the quarters were purchased by local farmers. The third was purchased by an out-of-state farmer-investor who owns other land in the state. — Auction managed and conducted by auctioneers Fjelland and Terry Schlagel, Clark, S.D. Phone 605-532-5135 or 605-532-5360.

2 farms sell for $5,800
Two different farms sold for $5,800 per acre each at auctions last fall. One was in Lake County, S.D. It had about 140 acres of cropland, and some acres that could be converted to cropland. The soils on the farm had an overall soil rating of 0.725 and Surety Agri-Data Inc. productivity index of 74.7. An 80-acre tract in Moody County, S.D., sold for $5,800 per acre. It consisted of 51 acres of tillable land. The balance was in pasture and a stock dam. The pasture was in a Conservation Reserve Program contract that expired in September. The tillable land had a productivity rating of 78 and a Surety Agri-Data productivity index of 72. — Auction managed and conducted by Sutton Auctioneer and Land Broker, Sioux Falls, S.D. Phone: 605-336-6315. Website: suttonauction.com.

$5,100/a for Lake County, S.D., land
About 360 acres of cropland and pasture in Lake County, S.D., sold for $5,100 per acre. The property consisted of about 244 acres of cropland, 63 acres of CRP and 50 acres of pasture. The pasture was rented out through 2017 for $100 per acre. — Auction managed and conducted by Sutton Auctioneer and Land Broker, Sioux Falls, S.D. Phone: 605-336-6315. Website: suttonauction.com.

Potato, sugarbeet, dry-bean land
About 160 acres in Walsh County, N.D., sold in September for $3,812 per acre. The sale bill described the land as an “excellent productive quarter, with natural drainage; 77.1% or 119.22+/- tillable acres of the 154.65+/- have a productivity index rating of 92 or greater … suitable for sugarbeets, potatoes and edible beans.” — Auction managed and conducted by Farmers National Co., Omaha, Neb. Phone: 800-346-2650. Website: farmers-national.com.

Land in Aurora County, S.D.
About 630 acres in Aurora County, S.D., sold in three tracts at an auction in October for $2,100, $$2,800 and $2,950 per acre respectively. The $2,100-per-acre tract consisted of mostly pasture. The $2,950 property was mostly cropland. The $2,800-per=acre piece included cropland and pastures with a farm site that consisted of a 1.5-story home, cattle yard, several barns and storage sheds. — Auction managed and conducted by Sutton Auctioneer and Land Broker, Sioux Falls, S.D. Phone: 605-336-6315. Website: suttonauction.com.

Land with deer habitat sells
Land in Pierce County, N.D., sold for $550 to $950 per acre at an auction. The 704-acre farm was sold in three parcels that included a mix of cropland, hay land and wildlife habitat. The land is located just southwest of Antelope Lake “in pristine white-tailed deer habitat,” according to the sale bill. — Auction managed and conducted by Pifer’s Auction and Realty, Moorhead, Minn. Phone: 877-700-4099. Website: pifers.com.

$7,100/a buys cropland with housing eligibilities
About 140 acres in Minnehaha County, S.D., sold for $7,100 per acre at an auction in September. Located near Brandon and Garretson, the farm had three housing eligibilities with it. The 130 acres of cropland had a proven yield of 157 bushels per acre. — Auction managed and conducted by Sutton Auctioneer and Land Broker, Sioux Falls, S.D. Phone: 605-336-6315. Website: suttonauction.com.

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