Peoples Perspective

Weekly Auction Results: 11/27/22-12/3/22

 December 5, 2022
 Land Values 

There were 23 tracts of land that sold at auction between November 27 and December 3. During these auctions, there was a total of 1,983 acres available for purchase and of those acres, 94% were tillable acres. Iowa Results: Tracts Sold: 23 Average $/Acre: $12,901 Average $/Tillable:...
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Introduction to Minerals

 December 2, 2022
 News & Events 

What does it mean to own minerals? There are several ways to look at mineral ownership and what a landowner might be able to do with them. For starters, mineral interests are real-property interests that are typically perpetual and grant ownership of the oil, natural gas, and/or natural gas...
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Land Auction Results - November 2022

 December 2, 2022
 Land Values 

There were 157 tracts of land that sold at auction in November. During these auctions, there was a total of 14,529 acres available for purchase and of those acres, 89% were tillable acres. Iowa Results: Tracts Sold: 157 Acres Sold: 14,529 Average $/Acre: $12,884 Average $/Tillable:...
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The Irony of the Inflation Reduction Act for the Farmland Asset Class

 December 1, 2022
 Land Values 

The Inflation Reduction Act of 2022 (IRA) was signed and became public law on August 16, 2022. There has been no shortage of political debate around whether the law would serve its namesake and broadly reduce inflation. However, it is clear the long-term policy objectives laid out in the IRA,...
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Land Investment Monthly - December 2022

 November 30, 2022
 Land Values 

Larry Bortz’s short corn, center, was still standing after high winds knocked down some of his conventional crop in Rudd, Iowa. Photo Credit: Richard Judge   Farmland Values Hit Record Highs, Pricing Out Farmers What is happening in South Dakota is playing out in farming...
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Weekly Auction Results: 11/20/22-11/26/22

 November 28, 2022
 Land Values 

13 Tracts of land were offered at public auction November 20-26 in Iowa, with 12 tracts selling day of the auction.  The average dollar per gross acre was $10,567, with an average dollar per tillable acre of $15,165 and average dollar per CSR2 of $178.  Approximately 84% of the acres...
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Pasture Lease Considerations

 November 22, 2022
 Land Management 

  Leasing land can always present a set of challenges, regardless of its use.  Leasing pastureland can seem even more daunting because there are fewer resources available to guide the process.  Drafting a well-written lease does not need to be an insurmountable task if a few...
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Weekly Auction Results: 11/13/22-11/19/22

 November 21, 2022
 Land Values 

60 tracts of land were offered at public auction November 13-19 in Iowa, with 58 tracts selling day of the auction.  The average dollar per gross acres was $12,766, with an average dollar per tillable acre of $14,828 and average dollar per CSR2 of $188.  Approximately 88% of the acres...
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How Can I Add Value to My Recreational Property?

 November 18, 2022
 Land Values 

In recent years we have seen an increase in demand for recreational properties. These tracts of land have a primary use of recreational activities such as hunting, fishing, camping, trail ridings, and hiking. Unique to specific landowners, recreational properties can be enhanced to add value...
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Weekly Auction Results: 11/6/22-11/12/22

 November 14, 2022
 Land Values 

Though 45 tracts were offered November 6th-12th, only 40 sold the day of the auction. The average dollar per gross acres was $14,692, with an average dollar per tillable acre of $16,263 and average dollar per CSR2 of $189. Approximately 93% of the acres sold were tillable. Iowa Results: Tracts...
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