Peoples Perspective

Iowa Land Values Update - 2022 Quarter 2

---

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...

READ MORE

---

Land Investment Monthly - July 2022

---

Photo Credit: AP Photo/Rich Pedroncelli, File   Iowa Farmland Values Soar Farmland prices are soaring and many wonder if the peak is near. The continual strong commodity prices and low interest rates make land a good investment right now, but an increase in interest rates may slow it...

READ MORE

---

Vetting Comparable Sales - A Critical Analysis

---

Many times during my inspection of a subject property, I spend time visiting with the client about sales activity in the market area. I often ask if they know of any similar farms nearby that have sold or if they have recently purchased any farms. This question sometimes leads to a sale...

READ MORE

---

Weekly Auction Results: 6/26/22–7/2/22

---

Iowa had 48 tracts sell last week: Average $/Acre: $11,158 Average $/Tillable: $13,783 Average $/CSR2: $185 % Change from Prior Week: +8% % Change from Q1 2022: +6% The top $/Acre sale went to a Dickinson County 39.6 acre cropland farm which brought $21,100/acre or $243/CSR2.  The top...

READ MORE

---

Land Auction Results - June 2022

---

June 2022 Auction Data: Tracts sold: 177 Average $/Acre: $12,798 Average $/Tillable Acre: $14,489 Average $/CSR2: $185 It was a busy June in auction sales:  June 2022 saw over twice as many tracts sell as compared to June 2021.  The average $/CSR2 of $185 was down 4% from May’s...

READ MORE

---

Iowa Farmland Values 2022: Story County, Polk County, Tama County, and Benton County

---

Continuing with the 2022 Iowa Farmland Values blog series, we will use the 2021 Farmland Value Survey to highlight average farmland characteristics and production costs in and across Story, Polk, Tama, and Benton Counties. If you are interested in acquiring similar information, contact your...

READ MORE

---

Weekly Auction Results: 6/19/22–6/25/22

---

35 tracts sold in Iowa last week, bringing an average dollar per acre of $12,707 with an average dollar per tillable of $13,877 and an average dollar per CSR2 of $171. This $/CSR2 is down 13% from the previous week and down 2% from the Q1 $/CSR2 average.   The big story of the week...

READ MORE

---

Iowa Farmland Values 2022: Adair County, Madison County, Warren County, and Jasper County

---

Continuing with the 2022 Iowa Farmland Values blog series, we will use the 2021 Farmland Value Survey to highlight average farmland characteristics and production costs in and across Adair, Madison, Warren, and Jasper Counties. If you are interested in acquiring similar information, contact...

READ MORE

---

Tenancy in Common: Keeping Your Ownership Interest Real

---

By In-House Counsel Quinn Kendrick There are various avenues for individuals to invest and co-own real estate.  Generally, when multiple individuals are looking to purchase real estate, establishing a land-holding entity is a common approach.  However, the membership interest in the...

READ MORE

---

Challenges in the Valuation of Permanent Plantings

---

Permanent Plantings include long-lived tree or vine crops that typically have a lifespan greater than 10 years and can often have a lifespan of over 25 years. These include nut crops, tree fruit, vineyards, and some berries.  The dynamic and varied factors that influence the valuation of...

READ MORE

---