Peoples Perspective

Farmland Leasing: Termination Deadlines by State

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A well-drafted farm lease can be the difference between a great working relationship with your farm operator or an opportunity for headaches and confusion. A farm lease should include the number of acres, intended use of acres, the rental rate of said acres, term of the lease, owner and...

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Weekly Auction Results: 8/7/22–8/13/22

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Iowa had 21 tracts sell at auction last week: Average $/Acre: $12,857 Average $/Tillable: $14,534 Average $/CSR2: $182 Change from Prior Week: -1.71% Change from 2022 Q2: -3% The high $/acre sale of the week went to a Plymouth County 154.6 acre cropland farm, bringing $20,100/acre or $235/CSR2....

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Iowa Farmland Values 2022: Lucas County, Clarke County, Decatur County, and Wayne County

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Continuing with the Iowa Farmland Values blog series, we will use the 2021 Farmland Value Survey to highlight average farmland characteristics and production costs in and across Lucas, Clarke, Decatur, and Wayne Counties. If you are interested in acquiring similar information, contact your...

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All About Earnest Money

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Earnest money is generally known as a good faith deposit for a transaction. It is the funds a buyer  provides to demonstrate their level of commitment in purchasing a property. Between writing an offer and closing on the transaction, there are several variables that can impact the...

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Peoples Company, Stine Seed expand partnership offering a paid-in-full cover crop program to landowners

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Peoples Company, a full-service farmland transaction and management business licensed in 29 states, has announced an expanded cover crop partnership with Stine Seed, the largest independent corn and soybean seed company, and one of the most-recognized corn and soybean seed brands. The program,...

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Weekly Auction Results: 7/31/22–8/6/22

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Iowa had 20 tracts sell at auction last week: Average $/Acre: $13,087 Average $/Tillable: $14,618 Average $/CSR2: $185 Change from Prior Week: -3% Change from 2022 Q2: -2% Below is a chart tracking the weekly change of $/CSR2 from the first week of January to present. The top sale of the...

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Rural Appraiser Earns Highest Professional Status

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GLENDALE, CO July 22, 2022 – David Mielnicki, ARA, MAI, Peoples Company, Clackston, MI, has been awarded the Accredited Rural Appraiser (ARA) designation from the American Society of Farm Managers and Rural Appraisers® (ASFMRA®). Mielnicki earned the ARA designation by meeting...

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Land Auction Results - July 2022

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July 2022 Auction Data: Tracts sold: 82 Acres sold: 9,127 Average $/Acre: $12,479 Average $/Tillable Acre: $14,084 Average $/CSR2: $179 Even through the Fourth of July and county fairs, auctions across the state of Iowa were still active in July 2022. We saw 82 tracts sell at public auction in...

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Weekly Auction Results: 7/24/22–7/30/22

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Iowa had 17 tracts sell at auction last week: Average $/Acre: $11,513 Average $/Tillable: $15,921 Average $/CSR2: $191 Change from Prior Week: +12% Change from 2022 Q2: +2% Below is a chart tracking the weekly change of $/CSR2 from the first week of January to present.  

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Land Investment Monthly - August 2022

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Photo Credit: Todd Fitchette, Western Farm Press   Profits, Buyer Demand Push Farmland Values to All-Time Highs Farmland values in the first half of 2022 benefited from continued profitability in agriculture. Benchmark farmland values increased in each of the four states served by Farm...

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