Land Values Blogs
November 27, 2024
Harvesting Timber for Additional Income
While corn and soybeans dominate the landscape, it is easy to overlook the small, yet active logging industry found across the Midwest. Iowa alone has 2.1 million acres of woodlands, where local loggers harvest common species ranging from oak and walnut along the Mississippi River to maple and cottonwood in the state’s interior. Logging as a niche market in the larger agriculture industry generates a $5 billion impact on Iowa’s economy.
November 4, 2024
Land Auction Results | October 2024
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 $161.
October 25, 2024
Farmland Affordability: The Correlation Between Size and Value
Anyone in the farmland sector has heard the adage that as the size of a farm increases the price per acre typically decreases. Whether you’re an appraiser or other real estate professional, this message seems to be heard throughout the business. While this can be true in many cases, I’ve run across some instances where the theory could be questioned.
October 2, 2024
Iowa Land Values Update | 2024 Quarter 3
Peoples Company tracks agricultural auctions across the state of Iowa. From this data, we calculate the average dollar per CSR2 point ($/CSR2) for sales of tracts with greater than 85% tillable land. Additionally, these tracts are largely unimproved or include minimal improvement contribution.
October 2, 2024
Land Auction Results | September 2024
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.
September 9, 2024
Harnessing Multiple Revenue Streams: The Future of Land Investment
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.
September 3, 2024
Land Auction Results | August 2024
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.
August 23, 2024
Exploring Hidden Opportunities in Farmland Investments
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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August 5, 2024
Land Auction Results | July 2024
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 $178.
July 29, 2024
Understanding Agricultural Appraisal in Lending: Ensuring Sustainable Financing for Farmers
In the realm of agricultural lending, the process of appraisal holds significant weight. It's not just about assessing the monetary value of land and assets; it's about understanding the intricacies of farming practices, environmental impacts, and the overall sustainability of agricultural operations. Agricultural appraisal ensures that lenders can make informed decisions while offering financial support to farmers, fostering growth in rural economies, and ensuring food security.
July 25, 2024
Why Invest in Farmland with Lower Cash Yields Compared to Current Treasuries
Investing in farmland with a cash yield of only 2.5% might seem less attractive when current treasuries yield 5% or more. However, several strategic reasons exist to consider farmland a valuable addition to your investment portfolio. This article will explore these reasons, including inflation hedging, portfolio diversification, long-term appreciation, and other benefits that make farmland a compelling investment.
July 10, 2024
California Farmland Investment in a Dynamic Market
California has long been the United States’ most significant agricultural producer in terms of crop diversity and total crop value – its ag exports alone are worth more than the total production of 44 states and California is the only state that generates over 10% of America’s agricultural receipts.
July 2, 2024
Iowa Land Values Update | 2024 Quarter 2
Peoples Company tracks agricultural auctions across the state of Iowa. From this data, we calculate the average dollar per CSR2 point ($/CSR2) for sales of tracts with greater than 85% tillable land. Additionally, these tracts are largely unimproved or include minimal improvement contribution.
July 2, 2024
Land Auction Results | June 2024
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.
June 13, 2024
Eminent Domain Valuation
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.
June 10, 2024
Farmland as an Inflationary Hedge – What Types of Agriculture Production Should be Considered?
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.
June 5, 2024
Land Auction Results | May 2024
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.
May 6, 2024
Land Auction Results | April 2024
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 $181.
May 2, 2024
Deciphering the Dynamics of the Midwest Land Market
At Peoples Company, the question that is heard daily up and down the halls is a simple yet pivotal one: “What is happening in the land market?” In recent years, the answer has been straightforward - an upward trajectory.
April 4, 2024
Iowa Land Values Update - 2024 Quarter 1
Peoples Company tracks agricultural auctions across the state of Iowa. From this data, we calculate the average dollar per CSR2 point ($/CSR2) for sales of tracts with greater than 85% tillable land. Additionally, these tracts are largely unimproved or include minimal improvement contribution.
