Live and Online at Ranchandfarmauctions.com

Auction Date: 8/02/24 Auction Time: 1:00 PM CT

Auction Venue Location: Smithfield ED Center (North Of Princeton off HWY 65), 17999 US 65, Princeton MO 64673

Premium Standard Farms, operating as Smithfield Hog Production, is pleased to announce the public auction of 1327+/- acres of land available for open bidding. This auction presents a unique opportunity to acquire substantial acreage in Northern MO.

Attention Farmers, Ranchers and Investors! This multi-use property being sold consists of 1,327+/- acres to be surveyed and split into 10 tracts. The property is located in extreme western Sullivan County, MO and south of Newtown, MO, off the west side of HWY 139. The property has 653± tillable acres all planted in soybeans for the 2024 growing season. The property has been well maintained and cared for by current owners. Including well-constructed fencing throughout. It includes a 27+/- acre lake stocked with fish, multiple ponds and three old lagoons that are being converted to freshwater ponds. The property has been fully soil sampled and is in great condition for growing crops and/or grass for cattle. Multiple tracts include building sites with scenic views. All utilities, including power, water, phone and high-speed fiber optic internet are available. Call listing agents Jeff Propst/Stephen Stockman for more information.

Special Provisions:

Some or all tracts may have buried underground water lines for irrigation and/or cattle watering purposes.

Tracts 1-7 will benefit from a nutrient spread agreement for up to 36 months based on the timeline to empty lagoons of nutrients and spread. This will be at no additional cost to the buyer.

Spread permits will be maintained by and properly closed by Smithfield/Premium Standard Farms.

Tracts 8-10 will not be subject to the spread agreement.

All Tracts will carry a deed restriction prohibiting hog production or confinements in the future.

Seller will retain all 2024 rents

A survey has been ordered and should be completed prior to the auction. Acreages will then be adjusted to the surveyed acres.

All confinement buildings will be removed, concrete will remain

Lagoons will be converted to freshwater ponds per DNR requirements

Ask listing agents for further details

Tract 1 of 10 Description:

96+/- acres to be determined by survey. This tract has 55± acres in upland tillable, planted to soybeans for the 2024 growing season. The balance of the property is timbered draws and grassland. This tract has three old barn slabs that could be used for multiple purposes or removed and includes a large freshwater pond.

Soil Types: Gara clay loam, Armstrong clay loam, Shelby clay loam, Lamoni clay loam

Soil PI/NCCPI/CSR2: Average NCCPI is 65.9

CRP Acres/payment: No CRP

Taxes: Will be determined after final splits

Lease Status: Leased for 2024/open tenancy for 2025

Possession: At closing subject to 2024 tenancy agreements

Survey needed?: Survey will be provided

Brief Legal: S14/15/22/23/26/27 T64N R22W Sullivan Co, MO

Lat/Lon: 40.3238, -93.3558

Zip Code: 64667

Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

Onsite bidders should bring a government-issued ID

10% down payment immediately after auction - cash, personal, or business checks accepted

If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

High bidder has 30 days to close unless otherwise noted

Announcements on auction day will take precedence over any prior announcements

This is a no contingency sale and is not subject to financing or additional inspections

Possession at closing, subject to tenant’s rights, if any

If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

Excellent mixed-use farm offering tillable, pasture/hay ground, timber, and construction sites.

The farm is located just south of Newtown MO approx 2.5 miles East of Highway 139.

The property will be offered in 10 surveyed tracts.

Farm offers many uses, including row crops, cattle pasture, hay and recreational/hunting and fishing.

Overall planted tillable acreage in 2024 is 653+/- acres planted to soybeans.

Very scenic property with scenic home construction sites.

Large lake on tract 3 stocked with fish, approx 27 acres.

Several ponds on the property for livestock

Tracts 2-4-5-6 offer Highway 139 frontage.

Utilities available: water, electricity and high-speed internet

Please visit the auctioneers website for more photos and full Terms and Conditions.