Peoples Perspective

Peoples Company Announces 2022 Top Achievement Awards

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  Peoples Company, a full-service land transaction and management business licensed in all major agricultural regions, announced its top achievement award winners for 2022. The winners were revealed and presented with a plaque at the company’s annual holiday party in January. Among...

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Land Investment Monthly - February 2023

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Photo Credit: Tannen Maury/Shutterstock   2023 Land Expo Speakers Address the End of the World, Fertilizer Markets, and More The 16th annual Land Investment Expo hosted by People's Company in Des Moines, Iowa, boasted record attendance and a full agenda of nationally recognized...

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Weekly Auction Results: 1/22/23-1/28/23

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There were 24 tracts of land that were offered at public auction in Iowa January 22-28. During these auctions, there was a total of 2,333 acres available for purchase and of those acres, 94% were tillable. Iowa Results Tracts Sold: 23 Average $/Acre: $12,801 Average $/Tillable: $14,692 Average...

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EIA Predicts Oil Prices Will Fall in 2023-2024, 3 Factors to Consider

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Short-Term Energy Outlook Takeaways In January, the Energy Information Administration (EIA) released its 2023 Short-Term Energy Outlook. Although demand is expected to rise by 50,000 barrels per day (bpd), production is expected to outpace demand. The EIA predicts Brent crude oil prices will...

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FREE WEBINAR: Big Questions in Land Management (February 2023)

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Please join Peoples Company for the latest edition of our “Big Questions in Land Management” webinar series on February 22nd from 3 pm to 4:30 pm. Jonathan Kramer with Whitfield and Eddy will discuss the different types of “Organizational Structures of Farmland...

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Weekly Auction Results: 1/15/23-1/21/23

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There were 17 tracts of land that sold at auction January 15-21. During these auctions, there was a total of 1,681acres available for purchase and of those acres, 85% were tillable. Iowa Results Tracts Sold: 17 Average $/Acre: $10,358 Average $/Tillable: $12,643 Average $/CSR2: $175 1 Week %...

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Weekly Auction Results: 1/8/23-1/14/23

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There were 17 tracts of land that sold at auction January 8-14. During these auctions, there was a total of 1795 acres available for purchase and of those acres, 91% were tillable. Iowa Results Tracts Sold: 17 Average $/Acre: $11,232 Average $/Tillable: $12,069 Average $/CSR2: $161 1 Week %...

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What Is A Closing Disclosure?

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When buying property, whether residential, commercial, or land, a very common question from buyers is “how much money will I need to bring to the closing?” There are many factors that play into the financial piece of buying real property, and it is all shown on what is called a...

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Iowa Land Values Update - 2022 Quarter 4

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Peoples Company tracks agricultural auctions across the state of Iowa. From this data, we calculate the average dollar per CSR2 point ($/CSR2) for sales of tracts with greater than 85% tillable land. Additionally, these tracts are largely unimproved or include minimal improvement...

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Land Auction Results - December 2022

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Iowa had strong auction activity in December, with 13,356 acres selling in 127 tracts. This volume was down 11% from December 2021, but was in the top three months of 2022, surpassed only by November (14,529 acres) and June (18,559 acres). The average dollar per CSR2 was $185, which is up 5%...

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