Blog

May 9, 2024

Peoples Company Acquires The Atkins Group’s Farmland Management Portfolio; Set to Open an Office in Champaign-Urbana, Illinois

Peoples Company, a recognized leader in integrated land management, brokerage, appraisal, and energy solutions with offices across the nation, today announced it has acquired The Atkins Group’s Farmland Management portfolio.
May 6, 2024

Land Auction Results | April 2024

The appraisal team at Peoples Company was able to track 50 tracts or 3,514.48 acres sold at public auction in Iowa during April 2024. The average dollar per acre was $10,852, the average dollar per tillable acre was $13,624, and the average dollar per CSR2 was $181.
May 2, 2024

Deciphering the Dynamics of the Midwest Land Market

At Peoples Company, the question that is heard daily up and down the halls is a simple yet pivotal one: “What is happening in the land market?” In recent years, the answer has been straightforward - an upward trajectory.
April 30, 2024

Powering Progress: Exploring Renewable Energy Initiatives in the Pacific Northwest

The Pacific Northwest stands as a beacon of environmental stewardship, and renewable energy plays a pivotal role in amplifying its positive impacts. With its lush forests, abundant rivers, and stunning coastlines, the region embodies a natural harmony that renewable energy technologies complement.
April 30, 2024

Landowner Insights Webinar | April 2024

In the April edition of the Landowner Insights series, Dr. David Muth presented on market trends, economic drivers, and environmental policy impacting the farmland asset class as well as management strategies to regulate risk and optimize return.
April 24, 2024

Boots on the Ground – 2024 Leading Harvest Certification Farm Tours

In early April, I had the opportunity to join Peoples Company Delta Land Manager Julie Boggs and our 2024 Leading Harvest auditing team on managed farms in northern Louisiana.
April 18, 2024

Peoples Company Agents Recognized as Land Star Award Top Producers for 2023

Congratulations to Peoples Company agents Matt Adams, Steve Bruere, Adam Crist, and Travis Smock for each winning the coveted Land Star Top Performer Award in the Midwest Region! Their dedication and hard work haven't gone unnoticed, and this award is a well‑deserved recognition of their exceptional achievements in the land real estate market.
April 4, 2024

Iowa Land Values Update - 2024 Quarter 1

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.

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April 3, 2024

2024 Planting Season

With planting season right around the corner, Peoples Company wanted to take this opportunity to remind growers of the upcoming important dates revolving around this next stage of the crop insurance cycle. Initial planting dates, replanting, and prevent planting are important topics to discuss during this time of year and play an important role in MPCI coverage moving forward after the sales closing deadline.
April 3, 2024

Evaluating Impacts of Transition to "Net Zero" on Farmland Values

In 2021 the U.S. rejoined The Paris Agreement, a legally binding international treaty on climate change, and published “The Long-Term Strategy of the United States, Pathways to Net-Zero Greenhouse Gas Emissions by 2050 [1]. Net zero refers to a balance between the amount of greenhouse gas (GHG) that is produced and the amount of GHG removed from the atmosphere. Agriculture accounts for approximately 10% of total GHG emissions in the U.S. [2].
April 2, 2024

Land Auction Results - March 2024

The appraisal team at Peoples Company was able to track 82 tracts or 6,803.16 acres sold at public auction in Iowa during March 2024. The average dollar per acre was $11,316, the average dollar per tillable acre was $13,574, and the average dollar per CSR2 was $174.
April 1, 2024

WEBINAR | The Power of Energy Management: Unleashing Potential (April 2024)

Please join Peoples Company for the latest installment of our webinar series "The Power of Energy Management: Unleashing Potential" with speakers Kayla Rowan, Mike Greczyn, Robert Wilson, and Blake Singleton.
March 28, 2024

OPEC+ Production Cuts: What Does it Mean for Oil Prices?

Earlier this month OPEC+ announced it intends to continue production cuts through the second quarter of 2024. This announcement left forecasters at the EIA scrambling to adjust the Short-Term Energy Outlook stating, “We now forecast significantly less global oil production than world oil consumption through the first half of 2024, requiring draws on world petroleum stocks (inventory). Stock draws tend to increase oil prices.”
March 27, 2024

The Importance of Surface Water in the Delta

Tailwater recovery systems, reservoirs, and relifts are some of the water carrying practices farm operators, landowners and conservationists implement to efficiently move water in the Delta. While there are several Delta aquifers used across the region, most farmland depends on pumping from is the Mississippi River Alluvial Aquifer.
March 26, 2024

Landowner Insights Webinar | March 2024

In this first webinar in the Landowner Insights series, Dr. David Muth of Peoples Company presented on market trends, economic drivers, and environmental policy impacting the farmland asset class as well as management strategies to regulate risk and optimize return.
March 21, 2024

Peoples Company Receives Top Land Auction Honors at 2023 REALTORS® Land Institute APEX Awards Program

Peoples Company, a national leader in land brokerage, agricultural appraisal, land and energy management, crop insurance, and capital markets, received top land auction honors at the REALTORS® Land Institute’s APEX Award ceremony in Louisville, Kentucky on Tuesday, March 12, 2024. The APEX Awards, held in conjunction with The Land Report, is a top annual awards program designed to recognize excellence and performance of land sale professionals.