Peoples Perspective

Land Investment Monthly - May 2019

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Farmland prices stable despite facing pressure and potential risks, says KC Fed survey Farmland values in America’s heartland are still stable, despite pressures on farm incomes and rising interest rates, according to a quarterly report by the Federal Reserve Bank of Kansas City. At the...

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Spring Trifecta

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Our ancestors have been hunting, fishing and gathering since the beginning of mankind. Springtime provides us with some of the finest opportunities to get out and enjoy the great outdoors.  Time spent hunting, fishing, and gathering will help cleanse the soul and remind us about the finer...

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Introducing AgYield Farm Revenue Management

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  Peoples Company Land Management Division has recently partnered with AgYield Farm Revenue Management, a leading commodity marketing firm with over 45 years of risk management and marketing experience. This partnership ensures careful, responsible marketing of client’s grain to...

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Iowa Land Values Update

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As we progress through the second quarter of 2019, farmers have commenced field work and are prepared for planting season. Although commodity prices have not increased from the previous five years, land value trends appear to have stabilized over the last twelve months. From the first quarter of...

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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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