Peoples Perspective

Land Auction Results - September 2023

October 5, 2023

Land Auctions

The appraisal team at Peoples Company was able to track 85 tracts or 7,993 acres sell at public auction in Iowa during September 2023. The average dollar per acre was $12,552, the average dollar per tillable acre was $15,331, and the average dollar per CSR2 was $187.Iowa Values Results$/Acre:...

October 2, 2023

Land Auctions

Iowa had 11 tracts that were offered at public auction the week of September 24, with nine selling during active bidding. The average dollar per acre was $15,157 with an average dollar per CSR2 of $196. This is up 12% from the previous week and up 9% from the Quarter 2 average of $179.Iowa...

September 26, 2023

1: In 1887 the first windmill used to generate electricity was invented on a farm in Ohio by Charles Brush.The turbine was very large with a rotor diameter spanning 50 feet consisting of 144 cedar wood blades. The turbine-charged batteries were housed in the cellar of his basement and operated...

September 25, 2023

35 tracts with a total of 3,296-acres were offered at public auction in Iowa the week of September 17. The average dollar per CSR2 was $174, which is down 4% from the previous week, and down 3% from Q2’s average of $179. Iowa Results Tracts Sold: 35 Average $/Acre: $12,508 Average...

September 18, 2023

Land Values

36 tracts with a total of 3,506-acres were offered at public auction in Iowa the week of September 10. The average dollar per CSR2 was $188, which is down 3% from the previous week, and up 2% from Q2’s average of $179. Iowa Results Tracts Sold: 36 Average $/Acre: $11,143 Average...

September 15, 2023

Land Management

Peoples Company recently added land management services in the Pacific Northwest region. Given the diversity of the Pacific Northwest, the team is responsible for managing a variety of crops including potatoes, organic carrots, grapes, wheat, sweet corn and more.