Peoples Perspective

Weekly Auction Results: 9/18/22-9/24/22

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There were 38 tracts of land that sold in Iowa at auction between September 18th and September 24th. During these auctions, there was a total of 4,534 acres available for purchase and of those acres, an average of 87% were tillable. Iowa Results: Tracts Sold: 38 Average $/Acre: $12,046 Average...

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What Does the Change in Cost of Capital Mean for Farmland?

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Reports of high inflation continue to saturate the news, and the effects of the past three years’ monetary actions and supply chain interruptions have resulted in extreme economic uncertainty. The impacts in the food production channels in particular have resonated with tighter supplies,...

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Land Mix: The Appraiser's Puzzle

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A 10-piece puzzle is simple to look at and complete, whereas you look at 1,000 piece puzzle and you wonder, where do I start? No two puzzles are the same, nor are two farms identical. The difference in many cases is the land mix. If the farm is in a market area where land can vary significantly...

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Weekly Auction Results: 9/11/22-9/17/22

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There were 13 tracts of land that sold at auction between September 11th and September 17th. During these auctions, there was a total of 1,617 acres available for purchase with an average of 92% tillable acres. Iowa Results: Tracts Sold: 13 Average $/Acre: $12,117 Average $/Tillable:...

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Peoples Company Opens Louisiana Office, Expanding its Presence in the Mississippi Delta Region

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Pictured above: Julie and Thomas Boggs with their children on a cotton field owned by Thomas Boggs' family in Rhymes, Louisiana.   Peoples Company today announced the opening of an office in Louisiana, expanding the firm’s presence in the Mississippi Delta region. The office will...

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Impact of Rice on U.S. Agriculture

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Rice makes up less than 1% of all traditionally grown crops in the United States but makes a huge impact around the world.  In the latest USDA report, the U.S. rice acreage was set at 2.343 million acres, with 49% being grown in Arkansas. The July forecast called for higher domestic...

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Weekly Auction Results: 9/4/22-9/10/22

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There were 24 tracts of land that were offered at auction in Iowa between September 4th and September 10th. During these auctions, there was a total of 2,574 acres available for purchase and of those acres, 86% were tillable acres. Iowa Results: Tracts Sold: 23 Average $/Acre: $11,341 Average...

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Harvest Update

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September days are growing shorter, and nights are getting crisper as we approach harvest across the Corn Belt. This likely means long days and nights for farmers throughout the region. The culmination of decisions made during the season will translate to bushels across the yield monitor. This...

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Weekly Auction Results: 8/28/22–9/3/22

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There were 19 tracts of land that sold at auction in Iowa between August 28th and September 3rd that met the criteria of 35+ acres, 85%+ tillable with a primarily highest-and-best-use of agriculture. During these auctions, there was a total of 2197.8 acres available for purchase and of those...

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Land Auction Results - August 2022

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There were 94 tracts of land that sold at auction in the month of August in Iowa. During these auctions, there were a total of 9,783 acres available for purchase and of those acres, 88% were tillable acres. Iowa Results: Tracts Sold: 94 Average $/Acre: $12,962 Average $/Tillable:...

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