Archive for the ‘Uncategorized’ Category

Farmland: The next speculative financial bubble?

From the South West Iowa News, Read More It’s been labeled as the next, possible speculative financial “bubble.” It’s farmland. And there is no denying prices are on the rise. In fact, according to Iowa State University Extension and Outreach, Iowa farmland value has increased 32.5 percent from 2010 to $6,708 per acre (Iowa Land [...]

The Farm Sale

Last week marked a quasi-sad day in my life…my dad had his farm sale. The entire north end of town was filled with wagons, trailers, trucks, tractors, implements, combines, and miscellaneous farm parts. It was a culmination of more than 40 years in the farming business, all sold in a matter of six hours. Sitting [...]

Insight: In farm auction frenzy, investors start to bow out

From Yahoo News Click for More SHELBY COUNTY, IOWA (Reuters) – On a recent morning inside a crowded town hall, auctioneer Jeffrey Obrecht sold off a sliver of western Iowa farmland barely wider than a football field. The soil had drainage issues. A muddy creek made it tough for a tractor to reach the back [...]

Iowa man buys Gruber wagon at auction

Hay hauler is piece of county’s rich 19th century history Becca Gregg  Reading Eagle An Iowa man was the highest bidder Monday on a Gruber hay wagon dating to the late 19th century. The wagon, along with a 1929 Model A Ford truck, was on the auction block at Green Hills Auction Center in Breck-nock [...]

Life as a young female auctioneer

From The fantastic UK Farm Publication Farmers Weekly Female linesmen have been in the news lately, but they’re not the only women in a traditional man’s world – the countryside also has professions comprising mostly men. Farmers Weekly talks to a female auctioneer. Life can be tough at Britain’s livestock auction markets, especially when there are hundreds [...]

New heights for Cheffins’ on-site farm sales

From Business Weekly UK In a two-week period in February, Cheffins’ machinery sales operation sold more than £6 million of farm and contractors’ equipment across the UK in Cambridgeshire, Shropshire and Devon. Some exceptional prices for used agricultural machinery along with huge attendances have distinguished Cheffins on-site sales so far this year.  A weak pound [...]

Down on the farm, investors see big potential

From Yahoo Finance Braden Janowski has never planted seeds or brought in a harvest. He doesn’t even own overalls. Yet when 430 acres of Michigan cornfields was auctioned last summer, it was Janowski, a brash, 33-year-old software executive, who made the winning bid. It was so high — $4 million, 25 percent above the next-highest [...]

Cruising the antique farm auction

From Redwood Falls Gazette People don’t go to antique farm auctions to find things they can actually, you know, farm with. “We just came here to socialize,” said LaDell Kettner of Springfield, sitting on an antique tractor and joking with his friends. “You find things here you would have paid 50 cents for years ago,” [...]

Farmland Auction Insights

From The Fantastic Land Think Blog Atlas 1031′s Andy Gustafson attended a farmland auction held by Schrader Auction and shares his insights into the bidding process. He learned there are two types of bidders simultaneously accessing the value or price points. The individual bidder considers one or a combination of tracts while the whole bidder is [...]

Buying and selling Kansas, one bid at a time

From Kansas.com On hot summer days, the cries of auctioneers can be heard in almost any corner of Kansas. In the midst of bawling cattle, clucking chickens, oinking pigs, estate and land sales, the chants and sing-songs go on. To hear an auctioneer is to listen to another language. Microphone in hand, words sometimes come [...]

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