Missouri river bottom south of Sioux City, IA | One sold for $17,290 per acre or $186 per CSR2. The other sold for $17,056 per acre or $196 per CSR2
I though $15,000 would get it. The ground fits the requirements for seed corn production with irrigation and high CSR2 numbers. There is a premium for that type of ground.
This is interesting to read. They also need to tell us were corn and soybean prices will be in 25 years.
https://www.agweb.com/news/business/farmland/100k-acre-farmland-2050...
Tom N.
|