Land Values Blogs

Land Auction Results | October 2024

 November 4, 2024
 Land Auctions   Land Values   Industry Insights 
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The appraisal team at Peoples Company was able to track 139 tracts or 12,335 acres sold at public auction in Iowa during October 2024. The average dollar per acre was $11,072, the average dollar per tillable acre was $12,408, and the average dollar per CSR2 was $161.

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Farmland Affordability: The Correlation Between Size and Value

 October 25, 2024
 Land Values   Agriculture 
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Anyone in the farmland sector has heard the adage that as the size of a farm increases the price per acre typically decreases. Whether you’re an appraiser or other real estate professional, this message seems to be heard throughout the business. While this can be true in many cases, I’ve run across some instances where the theory could be questioned.

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Land Auction Results | September 2024

 October 2, 2024
 Land Auctions   Land Values   Industry Insights 
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The appraisal team at Peoples Company was able to track 93 tracts or 7,374 acres sold at public auction in Iowa during September 2024. The average dollar per acre was $13,428, the average dollar per tillable acre was $13,481, and the average dollar per CSR2 was $170.

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Iowa Land Values Update | 2024 Quarter 3

 October 2, 2024
 Land Auctions   Land Values   Industry Insights 
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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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Harnessing Multiple Revenue Streams: The Future of Land Investment

 September 9, 2024
 Land Values   Real Estate 
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In an era where sustainability and profitability intertwine, land investment has evolved beyond conventional real estate ventures. Modern investors seek opportunities that not only promise financial gains but also contribute positively to the environment and communities.

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Land Auction Results | August 2024

 September 3, 2024
 Land Auctions   Land Values   Industry Insights 
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The appraisal team at Peoples Company was able to track 52 tracts or 5,039 acres sold at public auction in Iowa during August 2024. The average dollar per acre was $13,134, the average dollar per tillable acre was $14,862, and the average dollar per CSR2 was $181.

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Exploring Hidden Opportunities in Farmland Investments

 August 23, 2024
 Agriculture   Land Values 
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When we think of investment vehicles, our minds often drift to stocks, bonds, or commercial and residential real estate. But there’s an investment class that doesn’t always get the spotlight it deserves: farmland. Beyond its basic value as a commodity, farmland offers a range of unique benefits and hidden opportunities that set it apart from more traditional investments. Here’s why farmland is worthy of consideration for your diversified portfolio.

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Land Auction Results | July 2024

 August 5, 2024
 Land Auctions   Land Values   Industry Insights 
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The appraisal team at Peoples Company was able to track 35 tracts or 2,754 acres sold at public auction in Iowa during July 2024. The average dollar per acre was $10,669, the average dollar per tillable acre was $13,495, and the average dollar per CSR2 was $178.

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Understanding Agricultural Appraisal in Lending: Ensuring Sustainable Financing for Farmers

 July 29, 2024
 Agriculture   Land Values 
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In the realm of agricultural lending, the process of appraisal holds significant weight. It's not just about assessing the monetary value of land and assets; it's about understanding the intricacies of farming practices, environmental impacts, and the overall sustainability of agricultural operations. Agricultural appraisal ensures that lenders can make informed decisions while offering financial support to farmers, fostering growth in rural economies, and ensuring food security.

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Why Invest in Farmland with Lower Cash Yields Compared to Current Treasuries

 July 25, 2024
 Land Values 
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Investing in farmland with a cash yield of only 2.5% might seem less attractive when current treasuries yield 5% or more. However, several strategic reasons exist to consider farmland a valuable addition to your investment portfolio. This article will explore these reasons, including inflation hedging, portfolio diversification, long-term appreciation, and other benefits that make farmland a compelling investment.

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California Farmland Investment in a Dynamic Market

 July 10, 2024
 Land Values   Real Estate 
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California has long been the United States’ most significant agricultural producer in terms of crop diversity and total crop value – its ag exports alone are worth more than the total production of 44 states and California is the only state that generates over 10% of America’s agricultural receipts.

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Land Auction Results | June 2024

 July 2, 2024
 Land Auctions   Land Values   Industry Insights 
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The appraisal team at Peoples Company was able to track 87 tracts or 7,243 acres sold at public auction in Iowa during June 2024. The average dollar per acre was $11,298, the average dollar per tillable acre was $13,538, and the average dollar per CSR2 was $168.

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Iowa Land Values Update | 2024 Quarter 2

 July 2, 2024
 Land Auctions   Land Values   Industry Insights 
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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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Eminent Domain Valuation

 June 13, 2024
 Land Values 
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Farmland owners face several challenges to ownership related to utility companies, pipeline companies, highways, and others who need to acquire property for a potential new corridor through their land. There are increasing demands for power and energy sources which is leading to increased demands from agencies needing to acquire land. It is important for landowners and companies that need to acquire a corridor to understand the process of completing appraisals for eminent domain purposes.

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Farmland as an Inflationary Hedge – What Types of Agriculture Production Should be Considered?

 June 10, 2024
 Real Estate   Land Values   Industry Insights 
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As inflation rates continue to rise in the United States, investors have renewed interest in alternative investment opportunities that can outperform traditional asset classes without sacrificing stability. In 2021, The Land Report named Bill Gates as the top private farmland owner in America, since then investors of all sizes and backgrounds have flocked to the agricultural sector.

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Land Auction Results | May 2024

 June 5, 2024
 Land Auctions   Land Values   Industry Insights 
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The appraisal team at Peoples Company was able to track 37 tracts or 3,711 acres sold at public auction in Iowa during May 2024. The average dollar per acre was $11,238, the average dollar per tillable acre was $12,604, and the average dollar per CSR2 was $165.

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Land Auction Results | April 2024

 May 6, 2024
 Land Auctions   Land Values   Industry Insights 
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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.

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Deciphering the Dynamics of the Midwest Land Market

 May 2, 2024
 Land Values   Real Estate 
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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.

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Iowa Land Values Update - 2024 Quarter 1

 April 4, 2024
 Industry Insights   Land Auctions   Land Values 
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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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Evaluating Impacts of Transition to "Net Zero" on Farmland Values

 April 3, 2024
 Industry Insights   Land Values 
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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].

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Land Auction Results - March 2024

 April 2, 2024
 Land Auctions   Land Values   Industry Insights 
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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.

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Land Auction Results - February 2024

 March 4, 2024
 Land Auctions   Land Values   Industry Insights 
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The appraisal team at Peoples Company was able to track 85 tracts or 7,064.51 acres sold at public auction in Iowa during February 2024. The average dollar per acre was $13,389, the average dollar per tillable acre was $14,935, and the average dollar per CSR2 was $185.

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Land Auction Results - January 2024

 February 6, 2024
 Land Auctions   Land Values   Industry Insights 
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The appraisal team at Peoples Company was able to track 40 tracts or 3,868.91 acres sold at public auction in Iowa during January 2024. The average dollar per acre was $12,060, the average dollar per tillable acre was $14,071, and the average dollar per CSR2 was $183.

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Iowa Land Values Update - 2023 Quarter 4

 January 5, 2024
 Industry Insights   Land Values   Land Auctions 
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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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Land Auction Results - December 2023

 January 4, 2024
 Land Auctions   Land Values   Industry Insights 
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The appraisal team at Peoples Company was able to track 94 tracts or 9,929.61 acres sold at public auction in Iowa during December 2023. The average dollar per acre was $12,104, the average dollar per tillable acre was $14,085, and the average dollar per CSR2 was $180.

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Commercial Real Estate vs. Farmland

 December 27, 2023
 Land Values   Industry Insights 
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After reading yet another negative headline on the $20 trillion commercial real estate (CRE) market, I was reminded of the investment characteristic I once assumed the CRE market shared with the $4 trillion farmland market.

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Choosing a Certified General Appraiser or a Realtor for Your Property Appraisal: Which One is Right for You?

 December 7, 2023
 Land Values   Real Estate 
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When it comes to determining the value of your property, whether for buying, selling, refinancing, or other purposes, it's crucial to rely on the expertise of a qualified professional. Two common choices for property appraisal are certified appraisers and real estate agents or brokers. While both can provide valuable insights, there are key differences between the two.

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Land Auction Results - November 2023

 December 4, 2023
 Land Auctions   Land Values   Industry Insights 
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The appraisal team at Peoples Company was able to track 255 tracts or 23,230 acres sold at public auction in Iowa during November 2023. The average dollar per acre was $12,018, the average dollar per tillable acre was $14,124, and the average dollar per CSR2 was $181.

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Weekly Auction Results: 11/12/23-11/18/23

 November 20, 2023
 Land Auctions   Land Values 
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As harvest across the Midwest is wrapping up, the seasonal auction sales are officially in full swing. In Iowa, our appraisal team was able to track over 7,800 acres sold in 89 tracts. The average dollar per acre was $13,043, average dollar per tillable acre was $14,423 with an average dollar per CSR2 point of $178. This is down 2% from the Q3 average. Illinois had a rally, too, with 1,830 acres selling in 24 tracts at an average dollar per acre of $15,281.

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Weekly Auction Results: 11/5/23-11/11/23

 November 13, 2023
 Land Auctions   Land Values 
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November is historically the busiest time of year for public auctions, and 2023 is no exception. The week of November 5, 61 tracts were auctioned in Iowa, 20 in Illinois, 15 in Minnesota, and 10 in Nebraska.

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Land Auction Results - October 2023

 November 8, 2023
 Industry Insights   Land Values   Land Auctions 
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The appraisal team at Peoples Company was able to track 57 tracts or 5,552 acres sold at public auction in Iowa during October 2023. The average dollar per acre was $12,456, the average dollar per tillable acre was $13,820, and the average dollar per CSR2 was $171.

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How Do Partial Interests Impact Value?

 October 17, 2023
 Land Values   Agriculture 
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My brother and I own land that has been in our direct family lineage for 150 years, and I am proud of this legacy. There is a general admiration for farm operations that have been in a family for several generations. However, there can be surprises in the event of a death or marriage dissolution that a family may be unaware of when there are multiple owners with varying fractions of ownership, resulting in minority ownership.

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2023 National Land Values Webinar

 October 17, 2023
 Land Values   Industry Insights 
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Peoples Company unveils the 2023 National Land Values report featuring data-driven research on current farmland values across the nation, trends that may impact future values, and practical stories from around the country. This exclusive webinar explores the impact of renewable energy, foreign ownership, inflation, higher interest rates, and continued geo-political pressures on farmland values.

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Smart Money vs. Scared Money: Reconsidering Farmland in Today's Market

 October 10, 2023
 Land Values   Real Estate 
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Throughout my 20-year career at Peoples Company, I have been involved in billions of dollars of real estate transactions and have witnessed firsthand the financial performance of U.S. farmland through numerous economic shocks including the great financial crisis, Ben Bernanke’s quantitative easing experiment, Trump’s trade wars, the COVID-19 pandemic, Russia’s invasion of Ukraine, and now the nation’s battle with persistent inflation. On a pure return basis, farmland has outperformed most traditional equity and fixed income strategies, and has done so with incredibly low volatility compared to other asset classes over that time period.

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Iowa Land Values Update - 2023 Quarter 3

 October 5, 2023
 Land Values 
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Weekly Auction Results: 9/10/23-9/16/23

 September 18, 2023
 Land Values 
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Weekly Auction Results: 9/3/23-9/9/23

 September 11, 2023
 Land Values 
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Land Auction Results - August 2023

 September 5, 2023
 Land Values 
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Weekly Auction Results: 8/27/23-9/2/23

 September 5, 2023
 Land Values 
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Weekly Auction Results: 8/20/23-8/26/23

 August 28, 2023
 Land Values 
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Weekly Auction Results: 8/13/23-8/19/23

 August 21, 2023
 Land Values 
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Weekly Auction Results: 8/6/23-8/12/23

 August 14, 2023
 Land Values 
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Weekly Auction Results: 7/30/23-8/5/23

 August 7, 2023
 Land Values 
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Land Auction Results - July 2023

 August 2, 2023
 Land Values 
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Weekly Auction Results: 7/16/23-7/29/23

 July 31, 2023
 Land Values 
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What To Do With Gifts of Oil, Gas, and Minerals

 July 20, 2023
 Land Values 
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Weekly Auction Results: 7/9/23-7/15/23

 July 17, 2023
 Land Values 
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Weekly Auction Results: 7/2/23-7/8/23

 July 11, 2023
 Land Values 
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Iowa Land Values Update - 2023 Quarter 2

 July 6, 2023
 Land Values 
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Land Auction Results - June 2023

 July 6, 2023
 Land Values 
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Land Investment Monthly - July 2023

 July 1, 2023
 Land Values 
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Weekly Auction Results 6/18/23-6/24/23

 June 26, 2023
 Land Values 
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Weekly Auction Results 6/11/23-6/17/23

 June 19, 2023
 Land Values 
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Weekly Auction Results 6/4/23-6/10/23

 June 12, 2023
 Land Values 
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Weekly Auction Results 5/28/23-6/3/23

 June 5, 2023
 Land Values 
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Land Auction Results - May 2023

 June 1, 2023
 Land Values 
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Weekly Auction Results 5/21/23-5/27/23

 May 30, 2023
 Land Values 
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Weekly Auction Results 5/14/23-5/20/23

 May 22, 2023
 Land Values 
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Weekly Auction Results: 5/7/23-5/13/23

 May 16, 2023
 Land Values 
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Weekly Auction Results: 4/30/23-5/6/23

 May 9, 2023
 Land Values 
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Land Auction Results - April 2023

 May 1, 2023
 Land Values 
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Weekly Auction Results: 4/23/23-4/29/23

 May 1, 2023
 Land Values 
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Weekly Auction Results: 4/16/23-4/22/23

 April 24, 2023
 Land Values 
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Weekly Auction Results: 4/9/23-4/15/23

 April 17, 2023
 Land Values 
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Planting Progress April 2023

 April 10, 2023
 Land Values 
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Weekly Auction Results: 4/2/23-4/8/23

 April 10, 2023
 Land Values 
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Iowa Land Values Update - 2023 Quarter 1

 April 4, 2023
 Land Values 
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Weekly Auction Results: 3/26/23-4/1/23

 April 3, 2023
 Land Values 
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Land Investment Monthly - April 2023

 March 31, 2023
 Land Values 
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Weekly Auction Results: 3/12/23-3/18/23

 March 20, 2023
 Land Values 
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Overview of National Trends on Local Markets

 March 14, 2023
 Land Values 
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Weekly Auction Results: 3/5/23-3/11/23

 March 13, 2023
 Land Values 
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Weekly Auction Results: 2/26/23-3/4/23

 March 7, 2023
 Land Values 
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Land Auction Results - February 2023

 March 2, 2023
 Land Values 
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NCREIF Farmland Property Index 2022 4th Quarter Results

 March 2, 2023
 Land Values 
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Land Investment Monthly - March 2023

 February 28, 2023
 Land Values 
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Weekly Auction Results: 2/19/23-2/25/23

 February 27, 2023
 Land Values 
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Weekly Auction Results: 2/12/23-2/18/23

 February 22, 2023
 Land Values 
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Agricultural Real Estate Market - 2022 Year Review and 2023 Outlook

 February 15, 2023
 Land Values 
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Weekly Auction Results: 2/5/23-2/11/23

 February 13, 2023
 Land Values 
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Weekly Auction Results: 1/29/23-2/4/23

 February 6, 2023
 Land Values 
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Land Auction Results - January 2023

 February 3, 2023
 Land Values 
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Land Investment Monthly - February 2023

 January 31, 2023
 Land Values 
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Weekly Auction Results: 1/22/23-1/28/23

 January 30, 2023
 Land Values 
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Weekly Auction Results: 1/15/23-1/21/23

 January 23, 2023
 Land Values 
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Weekly Auction Results: 1/8/23-1/14/23

 January 16, 2023
 Land Values 
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Iowa Land Values Update - 2022 Quarter 4

 January 6, 2023
 Land Values 
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Land Auction Results - December 2022

 January 4, 2023
 Land Values 
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Weekly Auction Results: 12/25/22-12/31/22

 January 3, 2023
 Land Values 
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Weekly Auction Results: 12/18/22-12/24/22

 December 27, 2022
 Land Values 
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Weekly Auction Results: 12/11/22-12/17/22

 December 19, 2022
 Land Values 
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Weekly Auction Results: 12/4/22-12/10/22

 December 12, 2022
 Land Values 
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Weekly Auction Results: 11/27/22-12/3/22

 December 5, 2022
 Land Values 
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Land Auction Results - November 2022

 December 2, 2022
 Land Values 
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The Irony of the Inflation Reduction Act for the Farmland Asset Class

 December 1, 2022
 Land Values 
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Land Investment Monthly - December 2022

 November 30, 2022
 Land Values 
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Weekly Auction Results: 11/20/22-11/26/22

 November 28, 2022
 Land Values 
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Weekly Auction Results: 11/13/22-11/19/22

 November 21, 2022
 Land Values 
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How Can I Add Value to My Recreational Property?

 November 18, 2022
 Land Values 
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Weekly Auction Results: 11/6/22-11/12/22

 November 14, 2022
 Land Values 
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