Peoples Perspective

Weekly Auction Results: 8/21/22–8/27/22

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There were 28 tracts of land that sold at auction between August 21st and August 27th. During these auctions, there was a total of 2,638 acres available for purchase and of those acres, 88% were tillable acres. Iowa Results: Tracts Sold: 28 Average $/Acre: $12,540 Average $/Tillable:...

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Tough Appraisal Projects - The Peoples Company Difference

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Weekly Auction Results: 8/14/22–8/20/22

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Iowa had 16 tracts sell at auction last week: Average $/Acre: $13,827 Average $/Tillable: $16,437 Average $/CSR2: $197 Change from Prior Week: +8% Change from 2022 Q2: +5% The high dollar per acre sale went to an Ida County cropland farm, selling for $20,300/acre or $223/CSR2.  The high...

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Farmland Leasing: Termination Deadlines by State

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A well-drafted farm lease can be the difference between a great working relationship with your farm operator or an opportunity for headaches and confusion. A farm lease should include the number of acres, intended use of acres, the rental rate of said acres, term of the lease, owner and...

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Weekly Auction Results: 8/7/22–8/13/22

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Iowa had 21 tracts sell at auction last week: Average $/Acre: $12,857 Average $/Tillable: $14,534 Average $/CSR2: $182 Change from Prior Week: -1.71% Change from 2022 Q2: -3% The high $/acre sale of the week went to a Plymouth County 154.6 acre cropland farm, bringing $20,100/acre or $235/CSR2....

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Iowa Farmland Values 2022: Lucas County, Clarke County, Decatur County, and Wayne 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 Lucas, Clarke, Decatur, and Wayne Counties. If you are interested in acquiring similar information, contact your...

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All About Earnest Money

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Earnest money is generally known as a good faith deposit for a transaction. It is the funds a buyer  provides to demonstrate their level of commitment in purchasing a property. Between writing an offer and closing on the transaction, there are several variables that can impact the...

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Peoples Company, Stine Seed expand partnership offering a paid-in-full cover crop program to landowners

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Peoples Company, a full-service farmland transaction and management business licensed in 29 states, has announced an expanded cover crop partnership with Stine Seed, the largest independent corn and soybean seed company, and one of the most-recognized corn and soybean seed brands. The program,...

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Weekly Auction Results: 7/31/22–8/6/22

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Iowa had 20 tracts sell at auction last week: Average $/Acre: $13,087 Average $/Tillable: $14,618 Average $/CSR2: $185 Change from Prior Week: -3% Change from 2022 Q2: -2% Below is a chart tracking the weekly change of $/CSR2 from the first week of January to present. The top sale of the...

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Rural Appraiser Earns Highest Professional Status

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GLENDALE, CO July 22, 2022 – David Mielnicki, ARA, MAI, Peoples Company, Clackston, MI, has been awarded the Accredited Rural Appraiser (ARA) designation from the American Society of Farm Managers and Rural Appraisers® (ASFMRA®). Mielnicki earned the ARA designation by meeting...

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