WRITTEN BID LEASE: 1,407.26 +/- Crop Acres - Foster County, ND

Property Details (ID# 5804)

Date/Time

Fri Oct 18 5:00 PM CDT

Property Location

Carrington, ND

County

Foster

Size

6 Parcels

Contact

Tyler Berby, 218.850.0807

**BID FORM COMING SOON**

WRITTEN BID AUCTION

1,407.26 +/- Crop Acres - Foster County, ND

Written Bids Due By:

Friday, October 18, 2024 – 5:00 p.m. (CT)

Mail, Fax, or Email Bids to:

Pifer’s Auction and Realty

Attn: Tyler Berby (Land Manager), 555 LLLP (Landowner)

1506 29^th Ave S

Moorhead, MN 56560

FAX: 218.477.1969

tberby@pifers.com

(bid forms are available for download above)

Auction Note: Seeking tenant(s) to lease farmland for the 2025-2026 crop year. This property features 1,407.26 +/- irrigated cropland acres with highly productive soils and strong cropping history of corn and soybeans located in Wyard and Birtsell Townships, Foster County, ND. Manure has been applied to all parcels of this farm, which has increased the phosphorus levels to 30ppm in areas of application. Written bids will be accepted until 5:00 p.m. on Friday, October 18, 2024. The successful bidder will have possession starting on or before February 1, 2025. Bids will be submitted on an annual dollar per acre basis.

Contact: Tyler Berby at 218.850.0807 or tberby@pifers.com or Pifer’s Auction & Realty at 218.477.1968 for more information or a bid form (bid forms are available for download above).

Parcel 1

Crop Acres: 452.48 +/-

Legal: S½ , Part of NW¼, SW¼NE¼, All Crop Acres in 1-146-67 (Wyard Township)

This property features 452.48 +/- irrigated and non-irrigated cropland acres with a strong cropping history of corn and soybeans. This parcel boasts of highly productive soils Heidahl-Emrick loams and Fran-Wyard loam soils with an average Soil Productivity Index (SPI) of 66.5. This parcel also consists of two 7 tower irrigation pivots with 800 gallons per minute pumps with an additional 1,200 gallon fertilizer tank. All pivots are set up with remote control technology. Excellent access off 5^th St. NE and 66^th Ave. NE.

Parcel 2

Crop Acres: 333.67 +/-

Legal: E½ in 36-147-67 & Part of the NE¼ in 1-146-67 (Wyard Township)

This property features 333.67 +/- cropland acres, with highly productive soils with a strong cropping history of corn and soybeans rotation. This parcel has two center-pivot irrigation systems consisting of one well and an electric pump system producing 800 gallons per minute. Each pivot consists of 7 towers. A stationary 1,200 gallon fertilizer tank is available for use with this system. Excellent access off 66^th Ave. NE and 7^th St. NE. This panel is also set up with remote technology.

Parcel 3

Crop Acres: 282 +/-

Legal: W½ Less 37.6 Pasture Acres in the SW¼ of 36-147-67 (Birtsell Township)

This property features 280 +/- crop acres with an excellent cropping history of corn and soybean rotation. This parcel has a one-center 7-tower pivot in the northwest quarter consisting of an electric pump producing 800 gallons per minute and a 1,200 gallon fertilizer tank being offered for this system. Excellent access off 7^th St. NE.

Parcel 4

Crop Acres: 155.85 +/-

Legal: SW¼ in 25-147-67 (Birtsell Township)

This property features 127.31 +/- crop acres with highly productive soils with an excellent crop rotation of corn and soybeans. This parcel boasts a strong SPI of 71.3 and great access off 7^th St. NE. Irrigation system consisting of a 7-tower pivot run by a diesel pump and generator system with a 2000-gallon diesel tank producing 800 gallons per minute. This parcel also has a 1,200 gallon fertilizer tank that will be offered for use with the system.

Parcel 5

Crop Acres: 183.27 +/-

Legal: N½ Less 125.88 Pasture Acres in 34-147-67 (Birtsell Township)

This property features 183.27 +/- crop acres, with highly productive soils consisting of Heimdahl-Emrick loams with an SPI of 65. This parcel has been farmed with a strong corn and soybean rotation. This parcel has excellent access off 7^th St. NE.

Parcel 6 - Grain Drying & Storage Facility
This parcel is being offered as one unit consisting of one 25,000 bushel drying bin utilizing natural gas with a transfer auger to three 32,000 bushel bins for storage for a total of 96,000 bushel capacity. All bins are set up with in-floor drying. All gas and electricity used for this site will be the responsibility of the tenant. A separate driveway to this area is located on the south side of the farmstead. No traffic will be allowed through the farmstead area.

LANDOWNER: 555 LLLP

Bidding Procedure:

All written bids must be received before 5:00 p.m. (CT) on October 18, 2024.
Written bids will be submitted on an annual per acre basis.
All written bids must be accompanied with a 2-year farming plan, including but not limited to, crop rotation, normal chemical application, field drainage plans with erosion control solutions. These stewardship/farming plans are important to the landowner(s) and Pifer’s Land Management and will play an important role in the final decision when awarding the contracts.
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 Tuesday October 22, 2024, at 10:00 a.m. (CT).
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.
The winning bidder will (upon Landowner acceptance) receive a lease agreement provided by Pifer’s Land Management.
Bidders are bidding on a 2-year lease agreement. The agreement will begin at the signing of the contract and terminate December 31, 2026.
Annual rent will be due on or before February 1^st each year of the lease agreement.
The awarded bidder must provide a letter of good standing from their financial institution.
The awarded bidder must provide Farm Liability insurance policy that meets lease agreement standards.
The Landowner reserves the right to accept or reject any and all bids.
All statements made the day of the Oral Bidding take precedence over all printed materials.