Peoples Perspective

As inflation rates continue to rise in the United States, investors have renewed interest in alternative investment opportunities that can outperform traditional asset classes without sacrificing stability. In 2021, The Land Report named Bill Gates as the top private farmland owner in America, since then investors of all sizes and backgrounds have flocked to the agricultural sector.

Wind and solar energy get significant attention as key renewable energy sources as the country diversifies from fossil fuels. Just as significant is the biofuels sector, where ongoing plant breeding research aims to increase yield and enhance production sustainability for biofuel feedstock.

The appraisal team at Peoples Company was able to track 37 tracts or 3,711 acres sold at public auction in Iowa during May 2024. The average dollar per acre was $11,238, the average dollar per tillable acre was $12,604, and the average dollar per CSR2 was $165.

When assessing new management farms, Peoples Company Land Managers seek to build farm-specific action plans to address each landowner’s goals, increasing long-term appreciation and maximizing annual cash yield.

It was late on a Friday afternoon during corn harvest years ago, when my father pulled up beside my tractor and wagon. He opened the door of the combine and told me to follow the tractor's path around the field and to not cut through the field because it was too wet.

Peoples Company, a recognized leader in integrated land management, brokerage, appraisal, and energy solutions with offices across the nation, today announced it has acquired The Atkins Group’s Farmland Management portfolio.

The appraisal team at Peoples Company was able to track 50 tracts or 3,514.48 acres sold at public auction in Iowa during April 2024. The average dollar per acre was $10,852, the average dollar per tillable acre was $13,624, and the average dollar per CSR2 was $181.

At Peoples Company, the question that is heard daily up and down the halls is a simple yet pivotal one: “What is happening in the land market?” In recent years, the answer has been straightforward - an upward trajectory.

The Pacific Northwest stands as a beacon of environmental stewardship, and renewable energy plays a pivotal role in amplifying its positive impacts. With its lush forests, abundant rivers, and stunning coastlines, the region embodies a natural harmony that renewable energy technologies complement.

In early April, I had the opportunity to join Peoples Company Delta Land Manager Julie Boggs and our 2024 Leading Harvest auditing team on managed farms in northern Louisiana.