Peoples Perspective

Tenancy in Common: Keeping Your Ownership Interest Real

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By In-House Counsel Quinn Kendrick There are various avenues for individuals to invest and co-own real estate.  Generally, when multiple individuals are looking to purchase real estate, establishing a land-holding entity is a common approach.  However, the membership interest in the...

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Challenges in the Valuation of Permanent Plantings

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Permanent Plantings include long-lived tree or vine crops that typically have a lifespan greater than 10 years and can often have a lifespan of over 25 years. These include nut crops, tree fruit, vineyards, and some berries.  The dynamic and varied factors that influence the valuation of...

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Weekly Auction Results: 6/12/22–6/18/22

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58 tracts sold in Iowa last week at auction (that's almost double the amount of any week YTD.) The average dollar per acre was $14,396, with an average dollar per tillable of $15,935 and average $/CSR2 of $196.  That's up 6% from the previous week, and up 13% from Q1's...

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Iowa Farmland Values 2022: Dallas County, Boone County, Greene County, and Guthrie County

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Starting our 2022 Iowa Farmland Values blog series, we will use the 2021 Farmland Value Survey to highlight average farmland characteristics and production costs in and across Dallas, Boone, Greene, and Guthrie Counties. If you are interested in acquiring similar information, contact your local...

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Land Manager Earns Highest Professional Status

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GLENDALE, CO June 6, 2022 – Peter Isaacson, AFM, AAC, Peoples Company, Clive, IA, has been awarded the Accredited Agricultural Consultant (AAC) designation from the American Society of Farm Managers and Rural Appraisers® (ASFMRA®). Isaacson earned the AAC designation by meeting...

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Weekly Auction Results: 6/5/22–6/11/22

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28 tracts sold in Iowa last week - the average dollar per tillable acre was $13,236 bringing an average dollar per CSR2 of $185 which was down 4% from the prior week, and up 6% from the Q1 average.  

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Peoples Company Managed Farm Showcased on June 18th Field Day

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Peoples Company is proud to support the efforts of landowners, operators, and local organizations bringing new conservation practices onto the working landscape. And whenever possible, we want to help highlight these efforts for others to learn from. On Saturday, June 18, a field day was held...

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Weekly Auction Results: 5/29/22–6/4/22

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Nine tracts sold in Iowa last week, with an average dollar per acre of $14,561, average dollar per tillable acre of $15,848 and average dollar per CSR2 of $192 which is less than $1.00 less per point than the week before, and +11% from Q1 2022's average. The high sale of the week was a...

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Green Acres to White Acres

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Cotton, to some, is one of the most beautiful crops during the growing season and before harvest. Typically, cotton is considered a warm weather plant. It does not like having “wet feet” and prefers to grow in sandy or loamy soils. For reference, cotton requires about 50% of the...

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Land Auction Results - May 2022

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That’s a wrap for May 2022 auctions in Iowa.  48 tracts sold, bringing just over 4,000 acres to the market (this is less than half of the 8,600 acres that sold in April.)  These tracts brought an average dollar per acre of $11,837, average dollar per tillable acre of $15,072 and...

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