Auction Note

WRITTEN BID AUCTION  119.48 +/- Crop Acres - McPherson County, SD  Written Bids Due:  Friday, December 16, 2022  5:00 p.m. (CT) Fax or E-mail Bids to: Pifer's Auction and Realty Attn:  Tim Peters (Land Manager), Sharon L, Harding RLT (Landowner) 505 North Antelope Ave. Madison, SD 57042 tpeters@pifers.com  (bid forms are available for download above)   Auction Note:  Pifer's Land Management is seeking bids for the 2023-2024 crop seasons.  This farm in west McPherson Township has above average soil ratings and would make a good addition to the row crop operator.  Succesful bidder will have possession on or before February 1, 2023.   Contact:  Tim Peters at 605.270.9410 or tpeters@pifers.com, or Pifer's Auction, Realty, and Land Management at 218.477.1968 for more information of a bid form.    Driving Directions: From Eureka, SD, go north on Hwy. #47 for 1 mile to 111th St. Go east on 111th St. for 1 mile to 329th Ave. Go north on 329th Ave. for 1 mile and this will put you at the middle of the property.     Property Information Legal: E1/2NE1/4 25-127-73 & W1/2NW1/4 30-127-72 Crop Acres:  119.48 +/-     LANDOWNER:  Sharon L. Harding RLT     Bidding Procedure: 1.  All written bids must be received before 5:00 p.m. (CT) on Friday, December 16, 2022 2.  Written bids will be submitted on an annual per acre basis. 3.  All written bids miust be accompanied with a 2 year farming plan, including but not limited to, crop rotation, and normal chemical application. These stewardship/farming    plans are important to the landowner(s) and will pay an important role in the final decision when awarding the contracts. 4.  The top written bids may have an opportunity to raise their bids.  5.  The winning bidder will (upon Landowner acceptance) receive a lease agreement provided by Pifer's Land Management. 6.  Bidders are bidding on a 2 year lease agreement.  The agreement will begin at the signing of the contract and terminate December 31, 2024, 7.  Annual Rent will be due on or before March 1 of the lease agreement. 8.  The awarded bidder must provide a letter of Good Standing from their financial institution.  9.  The awarded bidder must provide a Farm Liability insurance policy that meets lease agreement standards. 10. The Landowner reserves the right to accept or reject any and all bids.   Mail, Fax, or Email bids to: Pifer's Auction, Realty, and Land Management Attn:  Tim Peters: Sharon L. Harding RLT 505 North Antelope Ave. Madison, SD 57042 Fax: 218.477.1969 tpeters@pifers.com