Burlage Peterson

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Description: E ½ of the SE ¼ Sec. 3, T-110-N, R-45-W, Diamond Lake Twp., Lincoln Co., MN. This 80 +/- acre farm brings to market a strong and predominantly tillable farm that produces strong yields and is located in a good agricultural area. The farm has a soil productivity rating of 91.8 on the cropland acres, and predominantly is comprised of Hokans-Svea Complex Soils. Per the FSA Office, the farm has 70.12 cropland acres with a corn PLC yield of 143, and a soybean PLC yield of 44. The farm has a Wind Acreage Easement as well that produces an annual payment. The 2024 wind payment was $1,664.64. Wind Lease Agreement is posted below under Agreement Tab. The farm is currently rented through the 2025 crop year, but new buyer will have opportunity to terminate current lease if they wish to take immediate possession or keep lease in place through 2025. Of the 70.12 crop land acres, currently 63.26 acres is rented at $350/acre and the remaining 6.86 crop land acres are currently used for hay and rented at $50/acre, for a total annual rent of $22,484.