MISSISSIPPI DELTA — Approximately 4,783 acres of cropland in Arkansas, Louisiana and Mississippi has been slated for auction Oct. 22.
Schrader Real Estate and Auction Company is managing the auction, in cooperation with Walker Auctions and Paul A. Lynn & Associates, LLC.
Almost half the land — 2,357 acres — is located in Sunflower County, and will be offered in seven tracts ranging from 190 to 418 acres. It includes tracts near Shelby, Drew and Indianola.
Another 1,294 acres near Lake Village in Chicot County, Arkansas, will be offered in tracts of 634 acres and 640 acres.
The 1,152 acres in Louisiana is located near Sicily Island in Catahoula Parish and will be offered as a single tract.
The auction will begin at 10 a.m. at the Washington County Convention Center in Greenville, with a satellite bidding location at the Natchez Grand Hotel in Natchez.
“There are very few opportunities to obtain this much quality Delta farmland at auction in a single day,” said R.D. Schrader, president of the auction company. “Most of the land is precision leveled and irrigated. Bidders may make offers on a single tract, any combination, or even all of the land being offered that day. Our method of bidding puts the bidders on equal footing regardless of how much land they’re seeking to buy,” he said.
The farms, he noted, have been used in recent years for growing corn, soybeans, cotton, milo and rice. “Across the board, this is productive land with a proven track record for a variety of crops,” he said.
Online bidding will be available during the live auction.
Additional information is available at www.schraderauction.com, or by calling 1-800-451-2709.
The auction is part of the offering of approximately 13,450 acres, also including land in Illinois, Texas and Colorado.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info