Schrader Real Estate and Auction Company continued to see large crowds of active bidders during 2014, according to company President R.D. Schrader.
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While noting that “prices have fallen off a bit” in some areas due to lower commodity prices, he said the company found active markets in 2014 well beyond the Midwest. In a week-long series of major auctions in six states, the company sold 13,450 acres for a total of $46.3 million. “We had good participation and successful auctions in the Delta, Southwest and Mountain regions, as well as the Midwest,” he said.