Peoples Perspective

Battery energy storage systems (BESS) are revolutionizing the way we generate, store, and use energy. As the world shifts towards renewable energy sources, these systems are becoming a critical component in ensuring a stable and reliable energy supply. BESS not only help manage the variability of renewable energy but also play a vital role in creating a resilient and efficient power grid.

The appraisal team at Peoples Company was able to track 52 tracts or 5,039 acres sold at public auction in Iowa during August 2024. The average dollar per acre was $13,134, the average dollar per tillable acre was $14,862, and the average dollar per CSR2 was $181.

When we think of investment vehicles, our minds often drift to stocks, bonds, or commercial and residential real estate. But there’s an investment class that doesn’t always get the spotlight it deserves: farmland. Beyond its basic value as a commodity, farmland offers a range of unique benefits and hidden opportunities that set it apart from more traditional investments. Here’s why farmland is worthy of consideration for your diversified portfolio.

Direct operation, custom farming, and crop share leases offer landowners the opportunity to market their assigned portion of the crop. Ideally, crops are sold at a price that covers the production costs and generates a desired profit, and executing a plan that does both is where the risk comes in.

In the world of farmland, networking and building a robust portfolio are essential components of success. Whether you're an aspiring farmland investor, a seasoned agricultural professional, or a landowner looking to buy/sell, establishing strong relationships and cultivating a diverse portfolio can open doors to new opportunities and maximize your potential for success. Here are a few strategies for effective networking and portfolio building as it relates to the farmland sector.

Horizontal drilling technology has revolutionized the oil and gas industry, unlocking previously inaccessible reserves and dramatically increasing production efficiency. This advanced method involves drilling vertically to a predetermined depth and then gradually curving the wellbore to extend horizontally through the targeted oil or gas reservoir. The process, although complex, offers numerous advantages over traditional vertical drilling, making it a cornerstone of modern petroleum extraction.

The appraisal team at Peoples Company was able to track 35 tracts or 2,754 acres sold at public auction in Iowa during July 2024. The average dollar per acre was $10,669, the average dollar per tillable acre was $13,495, and the average dollar per CSR2 was $178.

For the fifth time, Peoples Company has won the coveted Campaign of the Year Award from the NAA Marketing Competition, presented by Blue River Digital. The award was given for Peoples Company's work on the C&W Farm Auction, a portfolio comprised of 6,693 acres m/l in Wichita County, Kansas

In the realm of agricultural lending, the process of appraisal holds significant weight. It's not just about assessing the monetary value of land and assets; it's about understanding the intricacies of farming practices, environmental impacts, and the overall sustainability of agricultural operations. Agricultural appraisal ensures that lenders can make informed decisions while offering financial support to farmers, fostering growth in rural economies, and ensuring food security.

Rice production in Louisiana is a story woven deep into the fabric of the state's history, stretching back centuries and shaped by a tapestry of cultures, innovations, and challenges. The roots of Louisiana rice production can be traced back to the early 18th century when French colonists first introduced rice cultivation to the region. Inspired by the rice-growing traditions of West Africa, these settlers recognized the fertile soil, abundance of fresh water, and favorable climate as ideal for cultivating this staple crop.