Peoples Perspective

All About Earnest Money

---

Earnest money is generally known as a good faith deposit for a transaction. It is the funds a buyer  provides to demonstrate their level of commitment in purchasing a property. Between writing an offer and closing on the transaction, there are several variables that can impact the...

READ MORE

---

Peoples Company, Stine Seed expand partnership offering a paid-in-full cover crop program to landowners

---

Peoples Company, a full-service farmland transaction and management business licensed in 29 states, has announced an expanded cover crop partnership with Stine Seed, the largest independent corn and soybean seed company, and one of the most-recognized corn and soybean seed brands. The program,...

READ MORE

---

Weekly Auction Results: 7/31/22–8/6/22

---

Iowa had 20 tracts sell at auction last week: Average $/Acre: $13,087 Average $/Tillable: $14,618 Average $/CSR2: $185 Change from Prior Week: -3% Change from 2022 Q2: -2% Below is a chart tracking the weekly change of $/CSR2 from the first week of January to present. The top sale of the...

READ MORE

---

Rural Appraiser Earns Highest Professional Status

---

GLENDALE, CO July 22, 2022 – David Mielnicki, ARA, MAI, Peoples Company, Clackston, MI, has been awarded the Accredited Rural Appraiser (ARA) designation from the American Society of Farm Managers and Rural Appraisers® (ASFMRA®). Mielnicki earned the ARA designation by meeting...

READ MORE

---

Land Auction Results - July 2022

---

July 2022 Auction Data: Tracts sold: 82 Acres sold: 9,127 Average $/Acre: $12,479 Average $/Tillable Acre: $14,084 Average $/CSR2: $179 Even through the Fourth of July and county fairs, auctions across the state of Iowa were still active in July 2022. We saw 82 tracts sell at public auction in...

READ MORE

---

Weekly Auction Results: 7/24/22–7/30/22

---

Iowa had 17 tracts sell at auction last week: Average $/Acre: $11,513 Average $/Tillable: $15,921 Average $/CSR2: $191 Change from Prior Week: +12% Change from 2022 Q2: +2% Below is a chart tracking the weekly change of $/CSR2 from the first week of January to present.  

READ MORE

---

Land Investment Monthly - August 2022

---

Photo Credit: Todd Fitchette, Western Farm Press   Profits, Buyer Demand Push Farmland Values to All-Time Highs Farmland values in the first half of 2022 benefited from continued profitability in agriculture. Benchmark farmland values increased in each of the four states served by Farm...

READ MORE

---

Weekly Auction Results: 7/17/22–7/23/22

---

Iowa had 35 tracts sell at auction last week: Average $/Acre: $11,630 Average $/Tillable: $12,656 Average $/CSR2: $171 Change from Prior Week: -9% Change from 2022 Q2: -9% The high dollar per acre sale went to a Dubuque County 114.51 acre cropland farm that sold for $20,200/acre or...

READ MORE

---

Opportunity Zones and Farmland Investments

---

READ MORE

---

Weekly Auction Results: 7/10/22–7/16/22

---

Iowa had 21 tracts sell at auction last week: Average $/Acre: $14,581 Average $/Tillable: $15,469 Average $/CSR2: $187 Change from Prior Week: +18% Change from 2022 Q2: 0% The top sale in Iowa of the week went to an O'Brien County cropland farm that sold for $25,250 per acre for both...

READ MORE

---