Auction Details

Date: Tuesday, November 15, 2011
Time: 1:00 PM
Auction Type: Land/Real Estate Auction

THIS FARM IS NOW CASH RENTED AT $480 per ACRE

209.3 Acres
Twila Wilkinson Cash Rent Auction

Tuesday, November 15, 2011   1:00 PM
Auction Location: The Red Coach Inn- 1200 Senate Ave, Us Hwy 34, Red Oak, IA

Farm Location: Approximately 5 Miles North Of Emerson, IA. Farm is located on the East side of HWY 59.
FSA Cropland: 209.3 Acres
CSR: 67.2
Corn Base: 100, counter cyclical yield 133
Soybean Base: 115.3, counter cyclical yield 40
Terms: 2 Year lease. 10 % down for the 2012 farm year day of auction. The balance due for the 2012 farm year on March 1st, 2012. On March 1st, 2013, the 2013 cash rent is due in full.

Legal: NW ¼ of Section 25 Township 73 North Range 40 West of the 5th PM Mills Co., IA & S ½ of the SW ¼ of Section 24 Township 73 North Range 40 West of the 5th PM Mills ., IA except the homes, acreages & buildings.

Auctioneer’s Notes: Here’s your opportunity to rent an excellent Mills County hill farm with good soils and a HWY location. All announcements made the day of the auction, take precedence over this auction bill. The auctioneer, David Hughes & Jim Hughes Real Estate represent the landlord.

Farm Manager: David Hughes 402-670-8807
Auctioneer: Allan Hughes 402-672-3621
www.alhughesauction.com

Items to be auctioned