Peoples Perspective

Planting Progress April 2023

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In late March, the USDA released its Prospective Plantings report. These acreage estimates are based primarily on surveys conducted by the National Agricultural Statistics Service (NASS) during the first two weeks of March. This report is crucial because it provides detailed information from an...

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Weekly Auction Results: 4/2/23-4/8/23

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There were 9 tracts of land offered at public auction in Iowa April 2-8, 2023. During these auctions, there was a total of 741 acres available for purchase and of those acres, 91% were tillable. Iowa Results Tracts Sold: 9 Average $/Acre: $14,064 Average $/Tillable: $16,012 Average $/CSR2:...

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Peoples Company Further Expands in Missouri by Adding Two Offices

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Peoples Company, a full-service land transaction and management business licensed in all major agricultural regions in the U.S., today announced it is expanding further into Missouri by opening two appraisal offices – one in Centralia and one in Wentzville. Peoples Company’s...

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Iowa Land Values Update - 2023 Quarter 1

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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...

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Land Auction Results - March 2023

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There were 128 tracts of land that sold at auction in Iowa during March 2023. At these auctions, there was a total of 12,449 acres available for purchase and of those acres, 88% were tillable acres. Iowa Results Tracts Sold: 128 Acres Sold: 12,449 Average $/Acre: $11,572 Average $/Tillable:...

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Weekly Auction Results: 3/26/23-4/1/23

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There were 26 tracts of land offered at public auction in Iowa March 25 – April 1, 2023. During these auctions, there was a total of 2,813 acres available for purchase and of those acres, 88% were tillable. Iowa Results Tracts Sold: 26 Average $/Acre: $11,826 Average $/Tillable:...

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Land Investment Monthly - April 2023

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Photo Credit: Preston Keres/USDA/FPAC photo   Focus on Ag: Farmland Values Continue to Increase The enhanced farm income levels have resulted in sharply higher land values in many portions of Iowa, Minnesota, and other areas of the Upper Midwest. Land values have also been enhanced...

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Auction Methods

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A farmland auction, when executed professionally, can be the ultimate solution and value creator for landowners when the decision is made to sell all or part of their land holdings. A lot goes into a farmland auction compared to a traditional listing and getting the details right is absolutely...

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Weekly Auction Results: 3/19/23-3/25/23

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There were 33 tracts of land offered at public auction in Iowa March 19 through 25, 2023, 32 of which sold during bidding. During these auctions, there was a total of 3,118 acres available for purchase and of those acres, 92% were tillable. Iowa Results Tracts Sold: 32 Average $/Acre:...

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Peoples Company Receives Top Land Auction Honors at 2022 REALTORS® Land Institute APEX Awards Program

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Steve Bruere named Broker of the Year in the Ag Land Crop Sales category; Three Peoples Company team members named Top 20 National Producers Peoples Company, a national leader in land brokerage, land management, capital markets, and appraisal services, received top land auction honors at the...

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