Peoples Perspective

March 2019 Iowa Land Auction Results

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Values for Iowa farmland have remained stable overall over the previous 9 to 12 months with values for highly tillable farms sold via public auction fluctuating between $110/CSR2 to $115/CSR2. Auction inventory was reduced in Q1 of 2019 when compared to Q1 of 2018. As we commence Q2 of 2019,...

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Spring Conditions and Delayed Field Work

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  Most Midwest farmers agree that Fall 2018 did not offer many opportunities for working ahead. Frequent rains, early snow, and freezing temperatures left little time for field work after harvest. Winter didn’t open any additional windows, with snow and sub-zero temps keeping the...

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Land Investment Monthly - April 2019

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  Sales of Kentucky hemp products surged in 2018 Kentucky’s resurgent hemp sector flexed more economic clout in 2018, with processors reporting sharply higher sales and farmers reaping more than twice as much income from their crop, the state’s agriculture commissioner...

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February 2019 Iowa Land Auction Results

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  The average $/CSR2 point for highly tillable farms that were sold at auction was $115/CSR2 for the month of February. This is a small uptick from the month of January and 2018 Q4 and is similar to values from 2018 Q1. 

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National Land Values Update

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  According to the USDA 2018 Agricultural Land Values report (Nov. 2018), the average value of U.S. cropland was $4,130/acre in 2018 which was an increase from the 2017 average of $4,090/acre. The average value of U.S. pastureland was $1,390/acre in 2018 which was an increase from the 2017...

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A Case for Custom Farming in Southern Iowa

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In this current low-priced commodity environment, I’m often asked if custom farming makes sense versus the common cash rent model. Many landowners are facing compressed rental rates and looking for alternative opportunities to increase overall farm revenue. In March of 2018, I started...

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Land Investment Monthly - March 2019

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  Goodbye, city life: Iowa’s first ‘agrihood’ promises country living on edge of Des Moines CUMMING, Ia. — Steve Bruere asks if he should dress like a farmer or a developer when he meets up with a photographer. The 38-year-old is joking. He rarely...

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Peoples Company acquires a share of appraisal firm Value Midwest as both firms expand their expertise and service offerings

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Peoples Company, a leading provider of land brokerage, management, investment and appraisal services in 21 states, today announced it is acquiring a share of Value Midwest, a well-respected Marlette, Michigan-based appraisal firm. In coming to an agreement, Peoples Company increases their team of...

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Land Investment Monthly - February 2019

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Highlights from the 2019 Land Investment Expo   Martha Stewart tells Iowa farmers she has ‘a passion for growing things’ What do Martha Stewart and Iowa farmers have in common? They both wear boots, think cornfields are beautiful and appreciate good fertilizer. "If...

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Farmland Ownership and Wind Energy

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  With a few searches online, it is easy to get a taste of the contentious issue of wind turbines.  But in recent years, wind energy has become the lowest cost source of new electricity – even without tax incentives.  And the additional income source from wind easements can...

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