Printer Friendly
Email to a Friend
Nebraksa Farm Land Sells for More Than 15 Million Dollars
(KLZA) Nine bidders agreed to pay $15.13 million Thursday for 1,855 acres of central Nebraska farmland that was being auctioned off.
The sale of irrigated land in three locations southwest of Hastings was one of the biggest in the state this year.
Most of the nine bidders were local farmers. Some tracts sold for more than $11,000 per acre, but in total the land drew $8156.33 per acre, on average
Broker Jim Hain with the Lund Company says this was the biggest farmland sale he can remember in central Nebraska.
Farmland values have been booming in Nebraska in recent years because strong corn and soybean prices helped farmers generate significant farm income.
Earlier this year, a 160-acre farm in Clay County in southern Nebraska has sold for $12,000 an acre.
© Associated Press
MOST VIEWED STORIES
Doniphan Co search warrant leads to 3 arrests
Horton truck driver seriously injured in Monday wreck
Sex crimes charges hold Atchison teen
Fleeing, drugs, hold Atchison man
Attempted bike escape earns prison stay
Atchison's USD 409 names new Superintendent
Falls City Officials respond to criticism
Former 1st District Legislative candidate wins defamation case
Third day Superintendent candidate named by USD 409
ATCH CO SO seeks tips regarding stolen motorcycle
USD 415 to begin alternative education program
Expansion of Atchison skatepark planned
NioCorp to begin 12-week drilling program
Olathe woman arrested in Jackson Co on drug charges
Two new members appointed to Brown Co Planning Commission
USD 409's Honeywell named as superintendent finalist
Longtime Sabetha Fire Chief to retire
LATEST STORIES
Hiawatha City Commission approves fireworks on trial basis
Falls City Sacred Heart Students earn medals at State Journalism contest
Longtime Sabetha Fire Chief to retire
ATCH CO SO seeks tips regarding stolen motorcycle
Fleeing, drugs, hold Atchison man
NioCorp to begin 12-week drilling program
SE Nebraska March unemployment update
Hiawatha, Ks 66434