Peoples Perspective

Evaluating Impacts of Transition to "Net Zero" on Farmland Values

 April 3, 2024
 Industry Insights   Land Values 

In 2021 the U.S. rejoined The Paris Agreement, a legally binding international treaty on climate change, and published “The Long-Term Strategy of the United States, Pathways to Net-Zero Greenhouse Gas Emissions by 2050 [1]. Net zero refers to a balance between the amount of greenhouse gas (GHG) that is produced and the amount of GHG removed from the atmosphere. Agriculture accounts for approximately 10% of total GHG emissions in the U.S. [2].

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2024 Planting Season

 April 3, 2024
 Crop Insurance 

With planting season right around the corner, Peoples Company wanted to take this opportunity to remind growers of the upcoming important dates revolving around this next stage of the crop insurance cycle. Initial planting dates, replanting, and prevent planting are important topics to discuss during this time of year and play an important role in MPCI coverage moving forward after the sales closing deadline.

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Land Auction Results - March 2024

 April 2, 2024
 Land Auctions   Land Values   Industry Insights 

The appraisal team at Peoples Company was able to track 82 tracts or 6,803.16 acres sold at public auction in Iowa during March 2024. The average dollar per acre was $11,316, the average dollar per tillable acre was $13,574, and the average dollar per CSR2 was $174.

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WEBINAR | The Power of Energy Management: Unleashing Potential (April 2024)

 April 1, 2024
 Energy Management 

Please join Peoples Company for the latest installment of our webinar series "The Power of Energy Management: Unleashing Potential" with speakers Kayla Rowan, Mike Greczyn, Robert Wilson, and Blake Singleton.

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OPEC+ Production Cuts: What Does it Mean for Oil Prices?

 March 28, 2024
 Energy Management 

Earlier this month OPEC+ announced it intends to continue production cuts through the second quarter of 2024. This announcement left forecasters at the EIA scrambling to adjust the Short-Term Energy Outlook stating, “We now forecast significantly less global oil production than world oil consumption through the first half of 2024, requiring draws on world petroleum stocks (inventory). Stock draws tend to increase oil prices.”

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The Importance of Surface Water in the Delta

 March 27, 2024
 Land Management 

Tailwater recovery systems, reservoirs, and relifts are some of the water carrying practices farm operators, landowners and conservationists implement to efficiently move water in the Delta. While there are several Delta aquifers used across the region, most farmland depends on pumping from is the Mississippi River Alluvial Aquifer.

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Peoples Company Receives Top Land Auction Honors at 2023 REALTORS® Land Institute APEX Awards Program

 March 21, 2024
 Land Auctions   News & Events 

Peoples Company, a national leader in land brokerage, agricultural appraisal, land and energy management, crop insurance, and capital markets, received top land auction honors at the REALTORS® Land Institute’s APEX Award ceremony in Lousiville, Kentucky on Tuesday, March 12, 2024. The APEX Awards, held in conjunction with The Land Report, is a top annual awards program designed to recognize excellence and performance of land sale professionals.

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Natural Gas 2024 Outlook

 March 6, 2024
 Energy Management 

As of 2024, natural gas commodity prices have exhibited a dynamic and fluctuating trend influenced by various factors. One significant driver of prices has been the global demand-supply dynamics. Increased demand for natural gas, particularly in emerging economies, has contributed to upward pressure on prices.

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Land Auction Results - February 2024

 March 4, 2024
 Land Auctions   Land Values   Industry Insights 

The appraisal team at Peoples Company was able to track 85 tracts or 7,064.51 acres sold at public auction in Iowa during February 2024. The average dollar per acre was $13,389, the average dollar per tillable acre was $14,935, and the average dollar per CSR2 was $185.

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Iowa Farm Manager Earns Highest Professional Status

 March 1, 2024
 Land Management 

Paul Anderson, AFM, Peoples Company, Indianola, IA, has been awarded the Accredited Farm Manager (AFM) designation from the American Society of Farm Managers and Rural Appraisers® (ASFMRA®).

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