Peoples Perspective

Land Investment Monthly - May 2022

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Photo Credit: AgWeb   Survey Shows Increasing Land Values The REALTORS® Land Institute - Iowa Chapter is pleased to announce the results of our March 2022 Land Trends and Values Survey. REALTORS® Land Institute is an affiliate of the National Association of REALTORS® and...

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Targeted Off-Market Farmland Acquisitions

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For at least the last fifteen years in California, the amount of capital pursuing farmland investments has grown significantly and has vastly outstripped the supply of high-quality ag properties that are available for purchase. This supply-demand imbalance has benefited sellers with increasing...

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Land Auction Results - April 2022

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During the month of April we saw 73 tracts sell at public auction in Iowa, bringing over 8,600 acres to the market. This is down slightly from March's 92 tracts and 9,859 acres. The 73 tracts brought a total of $103,780,469 with an average dollar per acre of $12,477, average dollar per...

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Weekly Auction Results: 4/24/22–4/30/22

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Iowa had eleven tracts sell last week, nine of which met our criteria for calculating $/CSR2.  The average dollar per gross acre was $14,600 with an average dollar per tillable acre of $17,176 bringing an average dollar per CSR2 of $208.  This is up 26% from last week, and up 20% from...

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Seasons of Farmland Ownership When You Need an Appraiser

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Spring planting season is here in the Midwest. This is a time of renewed spirit amongst farmers, seeking new opportunities and setting new goals for the growing season. As a farmland appraiser and a generational Iowa farmland owner, I’ve learned to appreciate the different seasons of...

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Spring CRP Management: Bird’s Eye View

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The landscape is turning green in the Midwest, and Peoples Company Land Managers are anxious to get out from behind their desks and onto farms. Managers are overseeing tasks like dirt work and tile improvement projects, farm repairs, and CRP management. Conservation Reserve Program (CRP)...

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Weekly Auction Results: 4/17/22–4/23/22

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It was a slower week last week, with only seven tracts selling in Iowa (only two of these tracts met our criteria for calculating dollar per tillable and dollar per CSR2.)  These tracts brought an average dollar per acre of $8,179, average dollar per tillable of $12,436 and average...

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What is My Relationship with My Agent?

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What is the difference between a customer and a client? This is a critical question when dealing with a real estate transaction and needing to understand your relationship with ‘your’ agent. When working with a real estate licensee, everyone begins as a customer.  If you...

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Weekly Auction Results: 4/10/22–4/16/22

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Iowa saw 33 tracts sell last week (up from the prior week's 17 tracts.)  The average dollar per acre was $13,515, with an average dollar per tillable of $14,940.72 and an average $/CSR2 of $187.89. This is down 7% from the prior week, while up 8% from Q1 2022. The top sale of the week...

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Weekly Auction Results: 4/3/22–4/9/22

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17 tracts sold last week in Iowa, bringing an average dollar per acre of $11,101, average dollar per tillable of $16,400, and an average dollar per CSR2 of $201.81.  This is up 6% from the previous week and up 16% from Q1 2022. The top sale of the week went to a Dubuque County...

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