Clay County Farmland Sells for $12K an Acre

By: Associated Press
By: Associated Press

A 160-acre farm in Clay County in southern Nebraska has sold for $12,000 an acre, which one auctioneer says could be a record per acre at a public sale for Nebraska farmland.

The farm was sold on Monday at an auction in Hastings.
Randy Ruhter, president of Ruhter Auction, says he believes it could be a record or near the record at a public auction in the state.

Ruhter describes the farmland as gravity irrigated farmland with pivot irrigation potential, good water and soil.

A few weeks ago, two farms in eastern Adams County sold for just under $12,000, and another sold for $10,800.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLN-TV Call: (402) 467-4321 Toll-free: 1-800-475-1011 840 North 40th Lincoln, NE 68503 Email: info@1011now.com KGIN-TV Call: (308) 382-6100 123 N Locust Street Grand Island, NE 68802 Email: kgin@1011now.com KSNB-TV Toll free 888-475-1011 123 N. Locust St. Grand Island, NE 68802 Email : ksnb@1011now.com
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 139038644 - 1011now.com/a?a=139038644
Gray Television, Inc.