Auction Note

This is an excellent opportunity to rent approximately 1,377.82 +/- acres of quality pastureland and hayland located in Township 142 North, Range 77 West. The property will be offered in two parcels under 2-year lease agreements beginning January 1st, 2027.

The property offers a strong combination of well-maintained grazing land, dependable livestock water, and excellent fencing. Both parcels are equipped with powered wells, providing each parcel with its own established water source. In addition, Parcel 2 features several natural water holes that have consistently provided water.

The fences throughout the property have been well maintained and are in excellent condition, making this an attractive opportunity for livestock producers looking for quality pasture with established fencing and water infrastructure.

The grazing season will run from June 1st through November 1st of each lease year. The expected stocking rate is approximately one cow/calf pair per 10 acres during the grazing season. Actual carrying capacity may vary depending on weather, forage production, and grazing management practices.

Accepting written bids beginning November 3rd, 2026, through November 20th, 2026, at 5:00 p.m. (CT). The top written bidders will be invited to the Oral Lease Bid Auction on November 24th, 2026, at 10:00 a.m. (CT).

Bidding Procedure: 

1. All written bids must be received before 5:00 p.m. (CT) on November 20th, 2026.
2. Written bids for Parcels 1 and 2 will be submitted on an annual per acre basis.
3. The winning bidder will (upon Landowner acceptance) receive a lease agreement provided by Pifer’s Land Management.
4. Bidders are bidding on a 2-year lease agreement. The agreement will begin at the signing of the contract and terminate December 31, 2028.
5. The top written bids will be invited to the Oral Bidding and will have an opportunity to raise their bid at a time and place designated by Pifer’s Auction & Realty. Oral Bidding will be on November 24th, 2026 at 10:00 a.m. (CT).
6. Each Oral Bidder will have the opportunity to bid on each parcel individually as well as altogether (Overall).  Each Oral Bidder must bid on at least one parcel individually to qualify for participation in the Overall bidding process.
7. 50% of the annual rent will be due on or before Janaury 1st and the other half on March 15th of each year of the lease agreement.
8. The awarded bidder must provide a letter of good standing from their financial institution included with their bid form.
9. The awarded bidder must provide Farm Liability insurance policy that meets lease agreement standards.
10. The Landowner reserves the right to accept or reject any and all bids.
11. All statements made the day the last day of bidding will take precedence over all printed materials.