By Order of the Court of Macoupin County
Cash Rent Auction 3,416.42 acres, more or less in 24 tracts
Two Grain handling facilities totaling 835,000 bushel capacity
10 am Tuesday April 17, 2018 Macoupin County Courthouse
Paul Rice, Auctioneer/Broker
CLICK THE FOLLOWING LINKS FOR MORE INFO
Myers Rice Auction terms
FSA aerial maps
Myers Rice cash rent auction Letter of Credit
Farmland crop leases Tract 1 – Tract 7
Farmland crop leases Tract 8 – Tract 14
Farmland crop leases Tract 15 – Tract 20
Farmland crop leases Tract 21 – Tract 24
Carter & Hunn grain facility leases
Lease terms of the farmland. The farmland is available for planting upon acceptance of a good contract and agreement to the terms of this auction. The term of the farmland lease expires December 15, 2018 or upon completion of the harvest, whichever occurs first.A continuation of the lease for harvesting of the 2018 crop must be requested in writing prior to the termination date and the tenant must show that they are under duress due to weather conditions for the delayed harvest.Any extension must be approved by the Court prior to the termination date.
Two grain handling facilities will be auctioned to the highest bidder. The term of the grain facilities will run from June 1, 2018 through February 28, 2019.Any request for an extension of the lease agreement must be approved by the Court prior to February 28, 2019.
The properties up for the cash rent auction are available to inspect and preview by appointment with the auction company. The grain handling facilities on the Carver and Hunn Farm will be open for personal inspection on April 14, 2018. Contact the auction company for times available. A representative of the farm facilities will be available to answer all questions. We expect all bidders to inspect the property to their satisfaction before they participate in the auction to ensure the property is as they expect. The Court, auctioneer or any of their agents are not liable or responsible for any accidents that occur by a potential bidder or their agents. Under no circumstance is any party allowed to enter any of the properties indicated for this auction without prior permission from Myers Rice Auction & Realty.