$8,000 per acre in Southwest Minnesota

Posted on 03/09/2017 10:26 AM
Friday April 8 saw 74.5 acres of Pipestone Co., Minn., farmland sell for $8,000 an acre. The farm was located two miles southeast of Pipestone and was 100% tillable. It carried a CER of 72.6 and a PI of 84.2. In addition the farm was leased for 2016 with the seller compensating the buyer at closing with a supplements cash rental rate o...