Peoples Perspective

Interest in real estate and other alternative or Alt-investments has increased substantially in the past couple of years. Forbes magazine, for example, reported that the share of financial advisors recommending Alts to their clients increased from 25% in 2020 to 55% in 2024 (Fred Hubler, 9/10/2024). Among these, agricultural real estate has stood out because of the understood positive correlation with inflation, low correlation with equity returns, and low risk of capital loss with relatively consistent income.

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 contribution.

The appraisal team at Peoples Company was able to track 90 tracts or 8,791 acres sold at public auction in Iowa during December 2024. The average dollar per acre was $11,076, the average dollar per tillable acre was $12,329, and the average dollar per CSR2 was $175.

This holiday season, energy sources of all kinds come together like the perfect holiday mix—each playing a vital role in making our celebrations merry and bright. Oil, gas, and renewables may seem like they’re competing on Santa’s energy list, but they work hand in hand to keep the holidays powered, warm, and sustainable. Together, they’re the ultimate holiday energy blend, ensuring families across the country enjoy a season filled with light, warmth, and joy.

When contemplating whether or not they are ready to sell a farm, one of the first questions a landowner will likely have is: “Should I list or auction my farm?” It’s a crucial decision that can significantly impact their financial future. As we close out 2024 and set our sights on 2025, understanding the pros and cons of each selling method is vital for making an informed choice. As a land professional that specializes in brokerage and auctions, I’m here to guide you through the options available, helping you determine the best path for your unique situation.

The Section 1031 like-kind exchange is a powerful tool used by business owners, investors and others to transition real property assets into new assets that may more appropriately meet their needs. When exchanges occur near year-end, the following exchange-related issues and planning matters should be kept in mind.

Artificial intelligence (AI) is revolutionizing industries across the United States, driving innovation and efficiency like never before. However, this rapid integration of AI technologies comes with a significant impact on energy demand. As AI-powered applications become more prevalent—from data centers to autonomous vehicles—their energy consumption is increasing at an unprecedented rate. Understanding how AI influences energy demand is critical to addressing its challenges and seizing opportunities for a sustainable energy future.

Please join Peoples Company for the latest installment of our webinar series "The Power of Energy Management: Unleashing Potential" with speakers Buford Boyd Pollett, Jackson Frailey, Anna Buongiorno, and Matt Autry.

When it comes to selling land, particularly agricultural property, selecting the right brokerage can make all the difference in achieving your goals. While generalist or residential-focused brokerages might occasionally list farmland, partnering with a specialized agricultural brokerage like Peoples Company offers unparalleled advantages for landowners.

The appraisal team at Peoples Company was able to track 223 tracts or 22,530 acres sold at public auction in Iowa during November 2024. The average dollar per acre was $12,090, the average dollar per tillable acre was $13,949, and the average dollar per CSR2 was $180.