High demand for farmland in auctions

Dec 04, 2024
By Jean-Paul McDonald
Assistant Editor, North American Content, Farms.com

Farmlands in Kentucky, South Dakota, and Wisconsin sold for top prices

Farmland auctions across Kentucky, South Dakota, and Wisconsin saw impressive sales, reflecting a strong agricultural real estate market.

In Kentucky, 1,005.5 acres across Daviess and Hancock Counties sold for $6,891,625, with an average price of $6,854 per acre. The land was divided into 20 tracts, featuring reclaimed mined areas, wooded land, a three-bedroom home, and farm buildings.

In South Dakota, a 150-acre irrigated farm near Brookings sold for $2.2 million, or $14,667 per acre. Known for its seed research and proximity to ethanol plants and grain markets, the property is strategically located and offers agricultural value with a lease expiring in 2024.

In Wisconsin, a 78-acre property in Grant County sold for $820,000 through a sealed bid auction. With 54 acres of cropland and 20 acres of timber, it offers both farming and hunting opportunities, along with residential appeal near Dubuque, Iowa.

These auctions demonstrate the high demand for farmland with diverse applications and prime locations.

Video: Learning to Wrench From Dad the Hard Way

Harvest is a week out and the farm picked this week to fall apart. The truck needs a battery, the barn curtain's got a problem, and the corn and beans are telling us we're out of time to get it all fixed.

So it's a full day of wrenching. Tork supervises while I get the truck back running, then we're out at the hog barn where one rusted up part has the whole curtain system hung up. Ladder work, cable work, and a little dad-and-son disagreement about the right way to do it. We close it out walking the fields, shelling beans and checking corn, because whether everything's fixed or not, harvest starts when harvest starts.

Chapters: 00:00 Everything breaks the week before harvest 01:00 Tork supervises while I fix the truck 12:30 Out to the barn to find the curtain problem 14:30 One rusty part hung up the whole curtain 20:00 Running the curtain cable from the ladder 24:00 Walking the beans and corn before harvest 26:30 Wrapping up

We're a 6th generation family farm in southeast Iowa showing the real ups and downs of pig farming and row crop farming. No script, just the work. Subscribe and follow along.

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