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: KS
irrigation equipment in field
TOP DOLLAR: Farmland values are holding strong, especially when it’s good quality soils with available irrigation. A recent Thomas County farm brought $4,000 per acre.

Good-quality farmland with irrigation brings top dollar

Kansas farmland holds its value if it has good soils and irrigation.

About 470 acres of good quality, irrigated farmland was sold at auction in Thomas County on May 21. The land is in the Groundwater Management District 4 Local Enhanced Management Area, which limits water use.

There are three wells and three pivots on the land, but two wells are hooked together underground and run one sprinkler at a time. The three sprinklers were part of the sale.

The bidding indicated that there is still a strong market for land, especially irrigated land. Tract 1, about 155 acres, sold for $4,000 per acre. Tract 2, about 317 acres, brought $3.600 per acre. The sellers were the Kauk Trusts. Farm and Ranch Realty of Colby handled the sale.

Marshall County

About 160 acres of Marshall County land was sold at auction April 6. The property has 72 acres of terraced cropland with the balance in native grass pasture, hay land, timber, creek, waterways and a farmstead.

The farmstead has a two-story, four-bedroom, one-bath home with a two-car garage and several barns and livestock buildings.  The property brought $3,500 per acre. The seller was the estate of Elvenor A. Pralle. Raymond Bott Realty and Auction of Washington handled the sale.

Washington County

About 160 aces of Washington County land was sold at auction March 11. The property is almost all level to gently sloping cropland with Crete soils. The farm was in soybeans last year and was open for spring planting at the time of the sale. It brought $4,250 per acre.

The seller was Kiger Farms Inc. Raymond Bott Realty and Auction handled the sale.

Greeley and Wallace counties

About 3,100 acres of cropland and CRP in Greeley and Wallace counties in Kansas and Cheyenne County, Colo., were sold at auction May 17.

The property was sold in 12 tracts. Tract 1, in Wallace County, was 320 acres of growing wheat and sold for $1,550 per acre. Tract 2, also in Wallace County, was 320 acre of corn stalks. It brought $1,350 per acre.

Tract 3, about 250 acres of growing wheat is in Greeley County, brought $1,350 per acre. Tract 4, also in Greeley County, was 250 acres of corn stalks. It brought $1,450 per acre.

Tracts 5-12 are in Cheyenne County, Colo.

Tract 5, about 480 acres, is 160 acres in corn stalks and 320 in wheat stubble, sold for $1,300 per acre. Tract 6, about 160 acres in corn stalks, brought $1,550 per acre.

Tract 7, about 160 acres of corn stalks, sold for $1,250 per acre. Tract 8, also 160 acres in corn stalks, also brought $1,250 per acre.

Tract 9, about 160 acres enrolled in the Conservation Reserve Program, brought $1,400 per acre. Tract 10, about 640 acres with 320 acres in corn stalks and 320 acres in growing wheat, brought $1,450 per are. Tract 11, about 160 acres of CRP, brought $1,200. The final tract, about 153 acres in CRP, brought $1,700.

The sellers were the Talbert Heirs. Farm and Ranch Realty handled the sale.

Montgomery County

About 280 acres of Montgomery County ranchland, located about 4 miles west of Coffeyville was sold in four tracts in an auction that closed in April.

Tract 1 includes a ranch style home with three bedrooms and two baths built in 1956 and sits on 33 acres of pasture and meadow with a large pond and Highway 166.

Tract 2 has about 32 acres with a 7,200-square-foot metal shed and cattle barn on 28 acres of meadow and pasture.

Tract 3 is about 130 acres of good quality open pasture and meadow, cross-fenced with three pods and Highway 166 and gravel road frontage.

The final tract is 95 acres of good quality open pasture and meadow, cross-fenced with three ponds and gravel road footage.

The entire property sold for $697,500 or $2,500 per acre. The seller was Harris 2082 Management Trust. Farmers National Co. handled the sale.

Butler County

About 160 acres of Butler County farmland was sold at auction in a deal that closed in late April The property sold for $4,531.25 per acre. The seller was not disclosed. Farmers National handled the sale

Graham County

About 160 acres of land was sold by private treaty in Graham County in April. The land included about 122 acres of cropland and 36 acres of pasture with the balance in roads. It brought $1,297per acre. The seller was not disclosed. Farmers National Co. handled the sale.

Kearny County

About 640 acres of Kearny County land was sold at auction in a deal that closed April 30. The excellent dryland farmland is located in a diversified agricultural area of western Kansas. The property sold in three tracts for a total of $1,100 per acre. The seller was Colette J. Johnstone LLC. Farmers National Co. handled the sale.

Bourbon County

About 320 acres of Bourbon County land was sold at auction in a deal that closed May 10. The land, located about two miles north of Uniontown, included 227 acres of cropland, 14 acres of hay land and the rest in non-crop acres, brought $1,700 per acre. The seller was not disclosed. Farmers National Co. handled the sale.

Grant County

Five properties in Grant County were sold by private auction this spring.

In the first sale, about 160 dryland acres were sold for $1,075 per acre. The seller was McCandless.

In another sale, about 315 acres of dryland farmland sold for $1,075 per acre. The seller was Hampton.

In a third sale, the V. Koehn Trust sold 322 acres of irrigated land for $1,100 per acre.

In a fourth sale, about 200 acres of irrigated farmland sold for about $2,550 per acre. The sale of the Bar H Quarter Circle closed April 26.

The final parcel, about 320 irrigated acres, sold for 41,715 per acre. The seller was Alexander.

All sales were handled by Faulkner Real Estate and Auction of Ulysses.

Stevens County

About 160 acres of Stevens County farmland was sold on April 26 by private auction. The property brought $1,000 per acre. McGill was the seller. Faulkner handled the sale.

In another sale, about 139 acres of farmland sold for $1,050 per acre. That seller was also McGill and Faulkner handed the sale.

In a third Stevens County sale, about 160 acres of native grass sold for $380 per acre. The seller was Boaldin. Faulkner handled the sale.

In a fourth Stevens County sale, about 80 acres of native grass was sold at private auction. The land brought $300 per acre, while a fifth sale of native grass brought $300 per acre. A final 638 acres of native grass was bid in at $525 per acre.

Comanche County

There were two sales reported in Comanche County.

The first, about 80 acres of dryland cropland sold for $982 per acre. The seller was not disclosed. Faulkner handled the sale.

The second sale, about 160 acres of farmland and minerals, brought $1,000 per acre. The seller was Lousch. Faulkner Real Estate and Auction handled the sale.

Hide comments

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