Peoples Perspective

NCREIF Farmland Property Index 2022 4th Quarter Results

 March 2, 2023
 Land Values 

Overview The verbiage below is quoted directly from the NCREIF Farmland Property Index 2022 4th Quarter Results: “The NCREIF All Farmland Properties Report represents data collected from the Data Contributing Members of the National Council of Real Estate Investment Fiduciaries...
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Land Investment Monthly - March 2023

 February 28, 2023
 Land Values 

Photo Credit: Alexandra Hootnick for The Wall Street Journal   Chicago Fed: 2022 Farmland Values Saw Annual Increase of 12 Percent The Federal Reserve Bank of Chicago’s quarterly AgLetter, David Oppedahl explained that, “In 2022, the District saw a strong...
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Weekly Auction Results: 2/19/23-2/25/23

 February 27, 2023
 Land Values 

There were 18 tracts of land offered at public auction in Iowa February 19-25, 2023, 17 of which sold during bidding. During these auctions, there was a total of 2,158 acres available for purchase and of those acres, 86% were tillable. Iowa Results Tracts Sold: 17 Average $/Acre:...
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What is a 1031 Exchange?

 February 27, 2023
 Real Estate 

Photo Credit: Getty Images   Section 1031 of the Internal Revenue Code provides real property owners with a major tax-deferral and reinvestment opportunity that can be utilized by investors to build long-term growth in their real estate portfolio. Section 1031 establishes a procedure...
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Weekly Auction Results: 2/12/23-2/18/23

 February 22, 2023
 Land Values 

There were seven tracts of land that were offered at public auction in Iowa February 12-18, 2023. During these auctions, there was a total of 910 acres available for purchase and of those acres, 98% were tillable. Iowa Results Tracts Sold: 7 Average $/Acre: $12,914 Average $/Tillable:...
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Agricultural Real Estate Market - 2022 Year Review and 2023 Outlook

 February 15, 2023
 Land Values 

Macro-economic factors drive real estate markets, and over the last 24 months, several of these factors have shown significant changes. Let’s take a deeper dive into commodity prices (specifically corn and soybean), input costs (specifically fertilizer), inflation, and the U.S. Discount...
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Weekly Auction Results: 2/5/23-2/11/23

 February 13, 2023
 Land Values 

There were 20 tracts of land that were offered at public auction in Iowa February 5-11, 2023. During these auctions, there was a total of 2,006 acres available for purchase and of those acres, 91% were tillable.There were 20 tracts of land that were offered at public auction in Iowa February...
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Crawfish Season in Louisiana

 February 10, 2023
 Land Management 

  LAISSEZ LES BONS TEMPS ROULER February in Louisiana ushers in crawfish season, a time of year that every Louisiana resident looks forward to all year round. Whether you like them boiled, fried, or cooked in your Mama’s étouffée, if you’re a Louisianian, you...
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Weekly Auction Results: 1/29/23-2/4/23

 February 6, 2023
 Land Values 

There were 20 tracts of land that were offered at public auction in Iowa January 29 – February 4, 2023. During these auctions, there was a total of 2,007 acres available for purchase and of those acres, 89% were tillable. Iowa Results Tracts Sold: 20 Average $/Acre: $12,091 Average...
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Land Auction Results - January 2023

 February 3, 2023
 Land Values 

There were 64 tracts of land that sold at auction in January 2023. During these auctions, there was a total 6,326 acres available for purchase and of those acres, 90% were tillable acres. Iowa Results Tracts Sold: 64 Acres Sold: 6,326 Average $/Acre: $11,894 Average $/Tillable: $13,601 Average...
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