On Saturday, we auctioned 316.6 +/- acres in Randolph County, AR. The farm included three irrigation wells, two 5,500 bushel grain bins, a T&L Pivot, and approximately 93 acres of precision leveled ground.
The farm sold for $3,050/acre. In my opinion this was a solid selling price due to the farm’s condition and this year’s spring flood issues/levee damage. The farm has many challenges, but it is well suited to become an excellent farm with some additional improvements.