Nebraska Farm & Ranch Auction Fetches $37.5 Million

The Thomas Land Company auction conducted December 1, 2016 offered more than 28,000 acres of mixed western Nebraska irrigated land, dry farm land, and ranch property.  The sale drew a capacity crowd of about 400 persons, and nearly 130 registered bidders.

Before the auction began, Thomas Land Company President Lola Thomas addressed the crowd. She delivered an emotional thank you to the community for the happiness given her recently deceased husband Mike. She expressed hope that the offering of the land in 50 parcels would allow local farmers to add onto their holdings.

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The Hall and Hall team included three Hall of Fame auctioneers and World Champion auctioneer Spanky Assiter was aided by spirited competition between both locals and large out-of-state investors. The land, offered in 50 parcels, was auctioned over nearly eight hours. The auction was a success. Mrs. Thomas expressed her gratitude to successful and unsuccessful bidders.