Peoples Perspective

Natural Gas 2024 Outlook

 March 6, 2024
 Energy Management 

As of 2024, natural gas commodity prices have exhibited a dynamic and fluctuating trend influenced by various factors. One significant driver of prices has been the global demand-supply dynamics. Increased demand for natural gas, particularly in emerging economies, has contributed to upward pressure on prices.

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Land Auction Results - February 2024

 March 4, 2024
 Land Auctions   Land Values   Industry Insights 

The appraisal team at Peoples Company was able to track 85 tracts or 7,064.51 acres sold at public auction in Iowa during February 2024. The average dollar per acre was $13,389, the average dollar per tillable acre was $14,935, and the average dollar per CSR2 was $185.

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Iowa Farm Manager Earns Highest Professional Status

 March 1, 2024
 Land Management 

Paul Anderson, AFM, Peoples Company, Indianola, IA, has been awarded the Accredited Farm Manager (AFM) designation from the American Society of Farm Managers and Rural Appraisers® (ASFMRA®).

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Farm Overhead Costs: Accounting for the Full Picture

 February 27, 2024
 Land Management 

The supply and demand market of agriculture that creates cashflow instability cannot be avoided, but having strong oversight on all expenses can help mitigate risk. Accounting for all expenses is critical to keeping a business running efficiently, from estimating upcoming fiscal needs to knowing what level grain and livestock sales need to be to produce a profit.

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Crop Insurance Dates and Deadlines

 February 9, 2024
 Crop Insurance 

For producers wanting to make elections and enroll in the ARC or PLC program, the sign-up period is open through March 15, 2024. It is encouraged to work with the local USDA county Farm Service Agency (FSA) office to complete this process.

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Land Auction Results - January 2024

 February 6, 2024
 Land Auctions   Land Values   Industry Insights 

The appraisal team at Peoples Company was able to track 40 tracts or 3,868.91 acres sold at public auction in Iowa during January 2024. The average dollar per acre was $12,060, the average dollar per tillable acre was $14,071, and the average dollar per CSR2 was $183.

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The Benefits of Community Solar

 February 1, 2024
 Energy Management 

Community solar is a transformative and inclusive approach to harnessing the power of solar energy for the benefit of local communities. This innovative concept allows individuals who may not have the means or ability to install solar panels on their own properties to access clean and renewable energy.

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Florida Farm Manager Earns Highest Professional Status

 February 1, 2024
 Land Management 

Thiago Lima, AFM, Peoples Company, Jacksonville, FL, has been awarded the Accredited Farm Manager (AFM) designation from the American Society of Farm Managers and Rural Appraisers® (ASFMRA®).

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Enhanced Coverage Option and Supplemental Coverage Option

 January 31, 2024
 Crop Insurance 

With the Sales Closing Deadline approaching, I have been asked several questions regarding the different crop insurance plans and how they work. More specifically, the Enhanced Coverage Option (ECO) and Supplemental Coverage Option (SCO) endorsement. Both endorsements provide coverage for a portion of the deductible of an insured underlying crop insurance policy.

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Aligning Landowner and Tenant Goals

 January 30, 2024
 Land Management 

I have worked with a variety of non-profit organizations, education institutions, and federal partners over the past 10 years in the farmland conservation space. Our vocabulary has changed over time, but the intent has remained constant: we work to leave the land better than how we found it.

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