$11,000 per acre in East-Central Iowa

Posted on 03/09/2017 10:26 AM
A July 9 auction saw 80 acres in Poweshiek County, Iowa, sell for $880,000 or $11,000 an acre. The farm was located about five miles northwest of Montezuma. It was offered in two tracts but sold as a single unit. It consisted of 65 tillable acres with a cropland CSR2 of 61.2 versus the county cropland average of 67.0. The remaining 15 ...