Blogs by Andrew Zellmer, ALC

The appraisal team at Peoples Company was able to track 62 tracts or 5,934 acres sold at public auction in Iowa during June 2025. The average dollar per acre was $11,129, the average dollar per tillable acre was $13,003, and the average dollar per CSR2 was $159.

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.

Commodity markets have not been kind to agricultural producers and landowners so far in 2025.

Farmers and communities east of Moses Lake and north of Warden, in Washington State’s Grant and Adams counties, are on the verge of a significant shift in how they access and use water.

The 2025 farming season in the Delta region is proving to be one of the most difficult in recent years - and that is saying something. Landowners across Louisiana, Mississippi, and Arkansas are watching their tenants shift crop strategies, struggle with flood damage, and continue to tighten their belts as economic conditions remain strained.

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.

The appraisal team at Peoples Company was able to track 65 tracts or 7,510 acres sold at public auction in Iowa during February 2025. The average dollar per acre was $12,178, the average dollar per tillable acre was $13,263, and the average dollar per CSR2 was $171.

The appraisal team at Peoples Company was able to track 76 tracts or 6,614 acres sold at public auction in Iowa during January 2025. The average dollar per acre was $11,295, the average dollar per tillable acre was $13,808, and the average dollar per CSR2 was $180.

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.

The appraisal team at Peoples Company was able to track 90 tracts or 8,791 acres sold at public auction in Iowa during December 2024. The average dollar per acre was $11,076, the average dollar per tillable acre was $12,329, and the average dollar per CSR2 was $175.