Blogs by Daran Becker
April 3, 2024
Evaluating Impacts of Transition to "Net Zero" on Farmland Values
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].
February 9, 2024
Crop Insurance Dates and Deadlines
For producers wanting to make elections and enroll in the ARC or PLC program, the sign-up period is open through March 15, 2024. It is encouraged to work with the local USDA county Farm Service Agency (FSA) office to complete this process.
January 31, 2024
Enhanced Coverage Option and Supplemental Coverage Option
With the Sales Closing Deadline approaching, I have been asked several questions regarding the different crop insurance plans and how they work. More specifically, the Enhanced Coverage Option (ECO) and Supplemental Coverage Option (SCO) endorsement. Both endorsements provide coverage for a portion of the deductible of an insured underlying crop insurance policy.
January 2, 2024
Good Farming Practices (GFP) and Crop Insurance
What are good farming practices and why are they important? The Federal crop insurance program covers losses that are unavoidable and due to naturally occurring events. The program does not cover losses due to negligence, or any failure to follow good farming practices.
December 7, 2023
Choosing a Certified General Appraiser or a Realtor for Your Property Appraisal: Which One is Right for You?
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.
October 26, 2023
Will You Have a Crop Insurance Revenue Loss for 2023?
Revenue Protection (RP) provides coverage against yield losses due to natural weather causes and the decline of the commodity price between the Projected Price and Harvest Price. As we reach the end of October, the Chicago Board of Trade (CBOT) has been tracking the harvest price for corn and soybeans in the Midwest. This dollar amount will be released in early November and plays an important factor when determining if a grower or policyholder will have a revenue loss for the 2023 growing season.
October 17, 2023
How Do Partial Interests Impact Value?
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.
October 10, 2023
Smart Money vs. Scared Money: Reconsidering Farmland in Today's Market
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.
Blog Categories
Subscribe To Our Newsletter
Peoples Company proactively works to anticipate the needs of those in the agricultural sector. Our monthly email publication keeps readers in the know about everything land.
August 23, 2023
High Heat and Crop Insurance – Claims Process
Record-high temperatures continue this week across the Midwest and harvest is right around the corner for spring...
June 26, 2023
Acreage Reporting Deadline
As the acreage reporting deadline approaches, filing this report timely and accurately is a crucial part of the...
June 15, 2023
What Networks Can Your Real Estate Agent Tap Into?
Each type of agent will approach networking differently. Strategies vary based on their goals and their natural...
May 30, 2023
Land Investment Monthly - June 2023
Photo Credit: Zach Boyden-Holmes/The Register
Farmland Values on Firm Ground: Double-Digit Value Trend...
May 23, 2023
DSTs: An Option for Replacing Debt in a Section 1031 Exchange
To complete a successful Section 1031 Exchange, investors must comply with various requirements as mandated by the...
March 31, 2023
Land Investment Monthly - April 2023
Photo Credit: Preston Keres/USDA/FPAC photo
Focus on Ag: Farmland Values Continue to Increase
The...
February 28, 2023
Land Investment Monthly - March 2023
Photo Credit: Alexandra Hootnick for The Wall Street Journal
Chicago Fed: 2022 Farmland Values Saw Annual...
January 31, 2023
Land Investment Monthly - February 2023
Photo Credit: Tannen Maury/Shutterstock
2023 Land Expo Speakers Address the End of the World, Fertilizer...
January 3, 2023
Land Investment Monthly - January 2023
Photo Credit: Daniel Acker/Bloomberg
After Historic Growth, Will Iowa Farmland Prices Fall?
Wendong...
December 14, 2022
Crop Insurance Now Available With Peoples Company
Peoples Company is pleased to announce the implementation of a new crop insurance business line, appointing Craig...
December 1, 2022
The Irony of the Inflation Reduction Act for the Farmland Asset Class
The Inflation Reduction Act of 2022 (IRA) was signed and became public law on August 16, 2022. There has been no...
November 30, 2022
Land Investment Monthly - December 2022
Larry Bortz’s short corn, center, was still standing after high winds knocked down some of his conventional...
