Peoples Perspective

Land Auction Results - January 2022

---

With such a strong end to 2021 auctions, there is a lot of speculation whether land prices will remain strong in 2022.  Many ag professionals have been watching the land market closely this month to see whether prices would remain steady or if the “bubble” would burst. In Iowa...

READ MORE

---

Land Investment Monthly - February 2022

---

Photo Credit: Nathan Thomas, University of Nebraska-Lincoln   Farmland values soaring in Iowa. How it's impacting farmers big and small Fourth-generation corn and soybean farmer Jeff Frank doesn’t feel rich, but simply based on the skyrocketing value of his land in...

READ MORE

---

Paying the Piper: 2021 vs 2022 Farm Expense

---

Since the COVID-19 pandemic outbreak in late 2019, all sectors of the global economy have experienced turbulence. Agriculture was no exception, with swings in expense and price opportunity over the past 24 months.  As we rolled into 2020, corn and soybean prices remained low through the...

READ MORE

---

What Is A Material Defect?

---

A material defect is any item or concept that can alter a seller or buyer's decisions in a transaction. These defects can change the direction of a transaction and significantly impact the value of the property. All known defects are to be disclosed by any party within the transaction,...

READ MORE

---

Weekly Auction Results: 1/23/22–1/29/22

---

12 tracts sold last week in Iowa, bringing an average dollar per acre of $12,794, average dollar per tillable acre of $13,209.29, and an average dollar per CSR2 of $163.96.  This is an increase of 13% from the previous week.  The top sale of the week went to a Scott County tract...

READ MORE

---

Weekly Auction Results: 1/16/22–1/22/22

---

20 tracts sold at auction last week in Iowa, bringing an average $/acre of $8,153, average $/tillable acre of $9,642.13 and an average $/CSR2 of $145.06. This is down 17% from last week's $/CSR2 average of $175. *This list includes auctions from multiple auction firms throughout the state...

READ MORE

---

Weekly Auction Results: 1/9/22–1/15/22

---

32 tracts sold at auction last week in Iowa, bringing an average $/acre of $11,173, average $/tillable acre of $14,216 and an average $/CSR2 of $175.  This is consistent with December's average $/CSR2 of $176.59. *This list includes auctions from multiple auction firms throughout the...

READ MORE

---

Weekly Auction Results: 1/2/22–1/8/22

---

Four tracts sold at auction last week in Iowa, bringing an average $/acre of $8,681. Because none of the sales last week met the 85% tillable threshold, there is no $/CSR2 information available. *This list includes auctions from multiple auction firms throughout the state of Iowa and are...

READ MORE

---

Iowa Land Values Update - 2021 Quarter 4

---

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...

READ MORE

---

Land Auction Results - December 2021

---

Iowa saw 133 tracts go to auction in December 2021, which is down from the number of November auctions. Don’t let the drop in number of auctions fool you, as there were still more auctions this December than we’ve seen the past few years.  The decline in numbers refers to...

READ MORE

---