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Noah

Posted 3/9/2011 07:53 (#1659613)
Subject: Rent Auction

SW MN

Was told yesterday of a cash rent auction close to NWIA-SWMN border that bought $460/acre, $1,000 nonrefundable to bid. I envision it to be fairly close to Kooiker's area. Anyone else?

redoak

Posted 3/9/2011 07:59 (#1659621 - in reply to #1659613)
Subject: Re: Rent Auction

sw ontario

what would be yields-acreage??

JD9400

Posted 3/9/2011 09:12 (#1659778 - in reply to #1659613)
Subject: RE: Rent Auction

WCIN

Who gets the $1000 bucks, landowner or auctioneer?

Pofarmer

Posted 3/9/2011 10:51 (#1659977 - in reply to #1659778)
Subject: Re: Rent Auction

Tink about that from the landowners perspective. Say you have a 240 to rent. You get 10 guys to pony up $1000 to come play, and you just got $40 bucks an acre for nothing.

Kooiker

Posted 3/9/2011 09:14 (#1659784 - in reply to #1659613)
Subject: Re: Rent Auction

Haven't heard anything but I haven't been to town for a few days, I'll let you know if I hear anything.

Added------ You wouldn't be talking about a piece of ground that the city of Sheldon owns would you?

If so I heard a little bit about it and your $/acre is pretty in line with what I heard but I didn't hear anything about the $1000. That was a few weeks ago, month maybe.

Edited by Kooiker 3/9/2011 09:17

Mlebrun

Posted 3/9/2011 11:09 (#1660006 - in reply to #1659784)
Subject: Re: Rent Auction

SW MN and Gold Canyon AZ

It was down by HWY 9 close to mulders imp . If thats the case its some pretty good dirt.

winger

Posted 3/9/2011 11:57 (#1660084 - in reply to #1660006)
Subject: Re: Rent Auction

swmn/soin

Mike.....by Mulder Imp., that ground is flat and black....seems they always raise good crops. Can be wet sometimes. By the way have you heard of any ground in Pipestone county getting rented and if so how much?
I saw where someone posted that ground by Mitchell,SD was being offered in the $300. range. At those rates I might be closer to retiring than I previously had planned. Originally was thinking to farm thru 2012.

JRthefarmer

Posted 3/9/2011 13:47 (#1660243 - in reply to #1660084)
Subject: Re: Rent Auction

SESD

Haven't heard any that high yet. I'm 40mi sw of mitchell. Heard some in the 160's.

winger

Posted 3/9/2011 13:59 (#1660258 - in reply to #1660243)
Subject: Re: Rent Auction

swmn/soin

Jordon.....we were down that way with the motorcycles last summer. South and a little west of Platte. Must have been close to your area then. How much snow cover do you have?
We are still in southern Indiana by Louisville and its been raining here since last night......2 1/2 inches on top of already saturated soils. Took the motorcycle out yesterday....wheat is greening up real nice, but lots of standing water.

dakota boy

Posted 3/9/2011 14:36 (#1660304 - in reply to #1660243)
Subject: Re: Rent Auction

SE SD

Jordan, there was some Huber ground right by the James River along highway 44 that brought 267 for 3 years, also an old landlord from the Mitchell area called and said he had some old land we farmed and was asking 300.

Kooiker

Posted 3/9/2011 12:38 (#1660130 - in reply to #1660006)
Subject: Re: Rent Auction

Was it by chance a whole section offered for rent as two half sections?

The ground around Mulders area is really good dirt BUT it is very wet ground and flat. Needs tile, lots and lots of tile but there really isn't anywhere to drain it to.

Wet years hurt that ground a bunch.

Edited by Kooiker 3/9/2011 12:39

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