Peoples Perspective

Pasture Lease Considerations

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  Leasing land can always present a set of challenges, regardless of its use.  Leasing pastureland can seem even more daunting because there are fewer resources available to guide the process.  Drafting a well-written lease does not need to be an insurmountable task if a few...

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Weekly Auction Results: 11/13/22-11/19/22

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60 tracts of land were offered at public auction November 13-19 in Iowa, with 58 tracts selling day of the auction.  The average dollar per gross acres was $12,766, with an average dollar per tillable acre of $14,828 and average dollar per CSR2 of $188.  Approximately 88% of the acres...

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How Can I Add Value to My Recreational Property?

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In recent years we have seen an increase in demand for recreational properties. These tracts of land have a primary use of recreational activities such as hunting, fishing, camping, trail ridings, and hiking. Unique to specific landowners, recreational properties can be enhanced to add value...

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Weekly Auction Results: 11/6/22-11/12/22

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Though 45 tracts were offered November 6th-12th, only 40 sold the day of the auction. The average dollar per gross acres was $14,692, with an average dollar per tillable acre of $16,263 and average dollar per CSR2 of $189. Approximately 93% of the acres sold were tillable. Iowa Results: Tracts...

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Iowa Farmland Values 2022: Hamilton County, Hardin County, Marshall County, and Grundy County

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Continuing with the Iowa Farmland Values blog series, we will use the 2021 Farmland Value Survey to highlight average farmland characteristics and production costs in and across Hamilton, Hardin, Marshall, and Grundy Counties. If you are interested in acquiring similar information, contact your...

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Insufficient Data = Inaccurate Results in Property Valuations

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Weekly Auction Results: 10/30/22-11/5/22

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There were 27 tracts of land offered at auction between October 30th and November 5th in Iowa. During these auctions, there was a total of 2,161 acres available for purchase with an average of 84% tillable acres. Iowa Results: Tracts Sold: 26 Average $/Acre: $12,467 Average $/Tillable:...

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2022 National Land Values Webinar

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Previously recorded on Wednesday, November 16, 2022. Peoples Company unveiled the third annual National Land Values report featuring data-driven research on current farmland values across the nation, trends that may impact future values, and practical stories from around the country. This...

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Land Auction Results - October 2022

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There were 101 tracts of land that sold at auction in October 2022. During these auctions, there was a total of 8,601 acres available for purchase. This volume is down 23% from September 2022, but up 5% from October 2021. Iowa Results: Tracts Sold: 101 Acres Sold: 8,601 Average $/Acre:...

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Land Investment Monthly - November 2022

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A farmer harvests soybeans on a farm near Ely in November 2021. Photo Credit: Richard Pratt   Cropland Values Still Increasing in Iowa, Illinois Cropland values in Iowa increased 2.8% for the period from March to September 2022, according to the latest Land Trends and Value Survey...

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