Story County, Iowa Farmland Available- Peoples Company is pleased to present 156.50 acres m/l of high-quality farmland located northeast of Ames, Iowa. The farm consists of 146.27 FSA cropland acres, which includes 106.63 acres currently in row crop production carrying a CSR2 of 83.3. The primary soil types on the property include Clarion loam, Canisteo clay loam, and Webster clay loam.
The balance of the FSA cropland acres includes 39.64 acres enrolled in CRP (Conservation Reserve Program). The CRP practices include CP-21 expiring in 2024 with an annual payment of $3,412 ($344.69 Per Acre) and CP-27 28 expiring in 2026 with an annual payment of $11,040 ($371.23 Per Acre).
This high-quality farmland tract is located in a strong farming community and would make for a great add-on tract to an existing farming operation or an investment for the Buyer looking to diversify their portfolio or hedge inflation. There are several grain marketing outlets located nearby including grain elevators and ethanol plants.The farm lease has been terminated and will be available for the 2024 crop season.This property islocated northeast of Ames, Iowa in Section 8 of Milford Township with close proximity to pavementandInterstate 35.