Farmland auction fetches $15.13 million
Sutton farmer Eric Cloat takes careful notes during an auction
of mostly irrigated farmland at Adams County Fairgrounds
Thursday.
Sutton farmer Eric Cloat takes careful notes during an auction
of mostly irrigated farmland at Adams County Fairgrounds
Thursday.
It was David vs. Goliath all over again.
A group of about 250 farmers, investors and spectators cheered loudly as nine bidders toppled one investor’s attempt at buying all 1,855 acres at a major farmland auction Thursday on the Adams County Fairgrounds.
By continuing to bid separately following a late $15.1 million bid from an unidentified investor, the other investors were able to drive the final sale price up to $15.13 million. The 16 tracts of mostly pivot-irrigated land are located in the Holstein-Roseland area.
To read more, see Friday's Hastings Tribune or the Tribune e-edition.>>>
