2,117 acres of South Dakota farmland up for auction March 7
Editor’s note: This story has been updated with the correct date of the auction.
More than 2,100 contiguous acres of Faulk County farmland will be up for auction on March 7.
The sale includes 2,117 acres in all and 1,972-acres of dry cropland, said Max Steffes of Steffes Group, the company overseeing the auction.
He said the owners of the land, Anthony and Joshua Meier, are getting out of farming. Hence, the decision to sell.
A grain bin with approximately 270,000 bushels of storage, a shop, a granary, a machine shed and a three-bedroom house with attached garage are part of the auction.
“The farm real estate deal is such a generational deal and a scarce asset,” Steffes said.
Shannon Sand, livestock business management field specialist for South Dakota State University Extension, said this type of land sale is rare.
“A lot of times they split up,” she said.
“I’m just surprised that they’re selling it all in one go as opposed to section by section and, quite frankly, you might be able to get more money for it” selling it by sections, Sand said.
The auction will begin at 11 a.m. at the Dakota Event Center, 720 S. Lamont St., Aberdeen. Online bidding will be available by prior arrangement.
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