Peoples Perspective

Land Investment Monthly - January 2023

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Photo Credit: Daniel Acker/Bloomberg   After Historic Growth, Will Iowa Farmland Prices Fall? Wendong Zhang, an Iowa State University economist, attributed the rising prices to a strong ag economy. Corn, soybean, hog and egg prices have increased dramatically in the last two years....

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Weekly Auction Results: 12/25/22-12/31/22

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There were 30 tracts of land that sold December 25-31, 2022.  Of the 3254 acres sold, 88% were tillable.  Iowa Results: Tracts Sold: 30                Average $/Acre: $10,871 Average $/Tillable:...

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Cover Crops: Is Aerial Seeding a Fit for Your Operation?

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Over the last decade, cover crops have been proven as one of the most effective tools for preventing erosion and improving water quality. Aerial seeding cover crops is quickly becoming a common practice because of the benefits it offers. It’s cost-effective and saves the producer time and...

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Weekly Auction Results: 12/18/22-12/24/22

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There were 6 tracts of land offered at public auction December 18 through December 24. During these auctions, there was a total of 534.93 acres available for purchase and of those acres, 90% were tillable acres. Iowa Results: Tracts Sold: 6  Average $/Acre: $10,183 Average $/Tillable:...

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Weekly Auction Results: 12/11/22-12/17/22

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There were 38 tracts of land offered at public auction December 11 through December 17, of which 35 tracts sold the day of the auction. During these auctions, there was a total of 4,703 acres available for purchase and of those acres, 86% were tillable acres. Iowa Results: Tracts Sold:...

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Crop Insurance Now Available With Peoples Company

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Peoples Company is pleased to announce the implementation of a new crop insurance business line, appointing Craig Nielsen as the managing agent. With over 13 years of experience in the industry, Nielsen will assist the Land Management and Capital Markets divisions to provide our clients and...

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Why Do We Prorate Expenses at Closing?

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As we begin a new year, it is becoming more apparent that real estate continues to grow not only as an asset class but also as a diversification of an investment portfolio. With every real estate transaction, there are several things that buyers and sellers alike need to keep in mind. Making...

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Weekly Auction Results: 12/4/22-12/10/22

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There were 54 tracts of land that were offered at public auction between December 4-10 with only 50 tracts selling the day of auction. During these auctions, there was a total of 4,829 acres available for purchase and of those acres, 84% were tillable. Iowa Results: Tracts Sold: 50 Average...

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Weekly Auction Results: 11/27/22-12/3/22

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There were 23 tracts of land that sold at auction between November 27 and December 3. During these auctions, there was a total of 1,983 acres available for purchase and of those acres, 94% were tillable acres. Iowa Results: Tracts Sold: 23 Average $/Acre: $12,901 Average $/Tillable:...

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Introduction to Minerals

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What does it mean to own minerals? There are several ways to look at mineral ownership and what a landowner might be able to do with them. For starters, mineral interests are real-property interests that are typically perpetual and grant ownership of the oil, natural gas, and/or natural gas...

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