Peoples Perspective

Still Time to Plan for Cover Crops 2019

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image: blogs/Rye cover crop coming up between corn rows in October.  Seed was flown on in early September. With a wet spring causing delayed planting, Peoples Company Land Managers are seeing a broad range of growth stages on mid-summer farm tours.  Some areas are right in line with...

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2019 MFP Payment Details Released by USDA

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July 25, 2019 – USDA has released details regarding the 2019 distribution of Market Facilitation Program (MFP) payments. These payments will aid farmers by offsetting suppressed commodity markets due to the ongoing trade war with China. Producers can begin signing up at their local USDA...

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Iowa Land Values Update

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Iowa Land Values Update As we commence Q3 of 2019, we have noticed a slight decline in land values over the past quarter. In Q1, the average $/CSR2 was $113 while in Q2, the average was $110. As illustrated in the chart below, land values have remained relatively stable overall over the previous...

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Farm Tours: Field Borders

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  As Peoples Company Land Managers complete mid-summer farm tours, they are visiting farms to assess crop vigor, monitor projects/repairs, and observe general curb appeal.  Notes from these tours are communicated with the operator and landowner and plans are made for tasks to be...

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June 2019 Iowa Land Auction Results

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Land Investment Monthly - July 2019

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  (Image from TIME article 10.1.18)   Farmland Values Firm Up From Ohio to Nebraska, farm real estate brokers note a firmness in the market that wasn't there three months ago. "Even six weeks ago, we were looking at selling $3.30-per-bushel old-crop corn. There's a...

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Fertility: Your Farmland's Asset

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For most landowners, the most valuable asset is their land. They are proud of their property, the crops grown on it, and the history of how it came to be. After family sentiment, farm quality is often gauged by its productivity of saleable crops. In the Midwest, that includes corn, soybeans and...

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Farm Debt-to-Asset Ratio

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Over the past several decades, we have seen volatility in the amount of farm debt relative to the value of farm assets. Following the 80’s, we saw a steady decline in debt-to-asset ratios through 2008 but have seen a substantial increase over the last decade as farm debt-to-asset ratios...

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Land Investment Monthly - June 2019

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Apple-picking robots gear up for U.S. debut in Washington state Next fall, as you browse the produce section at your local grocery store, pay close attention to the apples. You might be witnessing American history. For the first time, some of the apples sold in the U.S. will be picked by a...

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May 2019 Iowa Land Auction Results

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The volume of auctions during May was a record low. Alternatively, the calendar is filling up, and it appears that June will be a busy month for auction activity. That volume should continue to increase through year-end. For the year, land values have moved sideways, but the consensus among our...

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