BLM Lease Sales

 

The most recent competitive lease sale by BLM’s Eastern States Office was held online on December 12, 2019.  The lands offered included seventeen parcels in the De Soto and Homochitto National Forests in Mississippi; and three Wayne National Forest parcels in Ohio.  All parcels received bids; but only the Wayne parcels attracted substantial interest ($522 – $1252 per acre).

The previous sale, on September 12, included one split-estate parcel (federal minerals under private surface) in Alabama; one Kisatchie National Forest parcel in Louisiana; fifteen parcels in the Homochitto and Bienville National Forests in Mississippi; and fourteen parcels in Ohio’s Wayne National Forest.  All but one of the parcels received bids, including $312 per acre for the Alabama tract (in Escambia County); $152 and $153 per acre for two of the Homochitto National Forest tracts; and between $212 and $3751 per acre for the tracts in the Wayne National Forest.

Eighteen parcels were offered in the sale of June 27: sixteen split-estate parcels in Mississippi, and two in Louisiana.  However, only three of the parcels received bids, none of them higher than $6 per acre.

The next Eastern States lease sale is tentatively scheduled for March 19, 2020.