Peoples Perspective

US Farmland Market Overview

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Farmland markets have experienced a remarkable surge in price across much of the country during the last 9 to 12 months with many areas in the Midwest up 20% or more. Farm incomes have been buoyed by strengthening commodity prices, which were supported by increased export demand and recovering...

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Michigan Agriculture; Unique Commodities and Unique Opportunities

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By Dave Mielnicki, MAI, SRA, Director of Appraisal & Michelle Reamer, State Licensed Appraiser According to the Michigan Department of Agriculture and Rural Development, Michigan produces more than 300 commodities on a commercial basis.  The food and agriculture industry contributes...

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Investing in Transitional Development Land

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Land Auction Results - October 2021

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Iowa saw 145 tracts greater than 35 acres sell at public auction in October 2021, which is down slightly from September’s 166 tracts.  October’s auctions brought an average dollar per gross acre of $11,809.34.  The average dollar per CSR2 for those tracts greater than 85%...

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Kyle Walker named 2021 Professional Farm Manager of the Year

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Iowa farm manager is recognized for dedication to farm management profession.     GREENSBORO, N.C., USA, Nov. 4, 2021 – Kyle Walker, director of asset management at Peoples Company in Indianola, Iowa, was named the 2021 Professional Farm Manager of the Year. The award,...

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Rice Production in the United States

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Peoples Company is proud to partner with George Baird, AFM of Landmark Ag Capital LLC in the Arkansas Delta. George grew up on a cotton farm in Sunflower County, Mississippi and brings a rich wealth of knowledge on a diverse list of southern U.S. crops. Rice plays a vital role in United States...

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Land Investment Monthly - November 2021

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Investing in Farmland Through Individual Retirement Accounts

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Iowa Land Values Update - 2021 Quarter 3

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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 - September 2021

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In September 2021, there were 166 agricultural tracts greater than 35 acres offered at public auction in Iowa, which is up from August’s 132 tracts offered. These 166 tracts sold with an average dollar per gross acre of $10,973. The average dollar per CSR2 for the tracts that...

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