IBJNews

Big farmland auction planned

IBJ Staff
August 19, 2008
Keywords
Back to TopCommentsE-mailPrint

A farm auction scheduled near Frankfort is thought to be one of the largest in the state in the past couple of years.

Schrader Real Estate and Auction Co. Inc. of Columbia City plans to auction 1,222 acres from the estate of Ron Unger, a farmer who started from scratch and built the operation to raise thousand of hogs. The property will be auctioned in 20 tracts on Sept. 11.

Purdue University said this month that its June survey of farmland prices shows the average price for prime farmland rose 13.5 percent in the last year, to $5,003 an acre.

Since June 2006, the price has shot up partly due to the rising prices of corn and soybeans.


ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT