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Farmland sells for $12,000 an acre

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

The farm was sold Monday at an auction in Hastings.

Randy Ruhter, president of Ruhter Auction, said he believes it could be a record or near the record at a public auction in the state.

Ruhter described the farmland as gravity irrigated farmland with pivot irrigation potential and 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. — AP

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