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Blogs by Andrew Zellmer, ALC

Land Auction Results | February 2026

 March 3, 2026
 Land Auctions   Land Values 

The appraisal team at Peoples Company was able to track 87 tracts or 8,052 acres sold at public auction in Iowa during February 2026. The average dollar per acre was $11,740, the average dollar per tillable acre was $13,739, and the average dollar per CSR2 was $179.

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Pattern Tile Drainage in Illinois: Benefits, Costs, and Long-Term Value

 February 23, 2026
 Land Management 

Learn how pattern tile drainage improves Illinois farmland by enhancing drainage, stabilizing yields, and supporting timely planting. Explore benefits for corn and soybeans and understand long-term investment value.

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Sale-Leasebacks: Unlocking Working Capital for Farm Operations

 February 10, 2026
 Real Estate   Land Values 

Learn how farmland sale-leasebacks can unlock working capital, improve liquidity, and support farm operations. Understand the benefits, trade-offs, and tax considerations before deciding if this strategy fits your operation.

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Land Auction Results | January 2026

 February 6, 2026
 Land Auctions   Land Values 

The appraisal team at Peoples Company was able to track 73 tracts or 7,066 acres sold at public auction in Iowa during January 2026. The average dollar per acre was $11,900, the average dollar per tillable acre was $15,626, and the average dollar per CSR2 was $195.

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Benefits of Hiring a Professional Land Manager

 February 4, 2026
 Land Management 

Learn how a professional land manager improves stewardship, efficiency, and financial performance. See how expert oversight protects farmland value, supports farmers, and delivers long-term peace of mind.

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Common Myths About Farmland Value in Missouri

 January 28, 2026
 Land Values   Industry Insights 

Learn the most common misconceptions about farmland value in Missouri. Understand how soils, location, improvements, rents, and market data truly influence value beyond simple price-per-acre rules.

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Iowa Land Values Update | 2025 Quarter 4

 January 15, 2026
 Land Auctions   Land Values 

Peoples Company tracks agricultural auctions across the state of Iowa. From this data, we calculate the average dollar per CSR2 point ($/CSR2) for sales of tracts with greater than 85% tillable land. Additionally, these tracts are largely unimproved or include minimal improvement contribution.

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Land Auction Results | December 2025

 January 1, 2026
 Land Auctions   Land Values 

The appraisal team at Peoples Company was able to track 115 tracts or 10,206 acres sold at public auction in Iowa during December 2025. The average dollar per acre was $13,979, the average dollar per tillable acre was $15,776, and the average dollar per CSR2 was $190.

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Land Auction Results | November 2025

 December 8, 2025
 Land Values   Land Auctions 

The appraisal team at Peoples Company was able to track 202 tracts or 16,735 acres sold at public auction in Iowa during November 2025. The average dollar per acre was $12,484, the average dollar per tillable acre was $13,730, and the average dollar per CSR2 was $172.

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Land Auction Results | October 2025

 November 12, 2025
 Land Auctions   Land Values 

The appraisal team at Peoples Company was able to track 119 tracts or 8,756 acres sold at public auction in Iowa during October 2025. The average dollar per acre was $12,901, the average dollar per tillable acre was $14,721, and the average dollar per CSR2 was $186.

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