Peoples Perspective

Weekly Auction Results: 4/3/22–4/9/22

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17 tracts sold last week in Iowa, bringing an average dollar per acre of $11,101, average dollar per tillable of $16,400, and an average dollar per CSR2 of $201.81.  This is up 6% from the previous week and up 16% from Q1 2022. The top sale of the week went to a Dubuque County...

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What is on your work list for 2022?

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WATCH VIDEO: Farmer Reshaping A Waterway In my part of the country, Land Managers spend most of the first quarter of the calendar year indoors – buttoning up records from the previous year, writing reports, meeting with clients/tenants and attending continuing education. Early April...

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Peoples Company Receives Prestigious Awards for Marketing

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Peoples Company receives NAA Auction Marketing Campaign of the Year for the fourth time Peoples Company and its team members received prestigious awards in the National Auctioneers Association (NAA) Marketing Competition related to their work as a leading national land brokerage firm. For the...

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Peoples Company Receives Top Land Auction Honors at REALTORS® Land Institute APEX Awards Program

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  Steve Bruere named Broker of the Year in the Auction Land Sales Category for the fourth consecutive year; Three Peoples Company team members named Top 20 National Producers (CLIVE, Iowa) – Peoples Company, a national leader in land brokerage, land management, land investment, and...

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Weekly Auction Results: 3/27/22–4/2/22

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Iowa saw 18 tracts sell last week, with an average dollar per acre of $11,530, average dollar per tillable acre of $13,409 and an average dollar per CSR2 of $190.  This is up 5% from the previous week, and up 9% from Q1 2022's average. The high sale of the week was a close call: ...

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Iowa Land Values Update - 2022 Quarter 1

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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...

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Land Auction Results - March 2022

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Auctions picked up in March, bringing 92 tracts to the Iowa Market – up from February’s 74 tracts.  These 92 tracts totaled 9,859 acres and brought a total price of $114,971,679.  The average dollar per gross acre was $12,183, with an average dollar per tillable acre of...

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Land Investment Monthly - April 2022

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Photo Credit: SeedWorld   Prices Being Paid for Illinois Farmland 'Unprecedented' Unprecedented describes the land market throughout 2021 and into the early stages of 2022. We ended 2021 incredibly strong with lots of action and we sit here in early 2022 trying to decipher...

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Weekly Auction Results: 3/20/22–3/26/22

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The appraisal team tracked 22 auctions in Iowa last week, totalling 2,160 acres.  These tracts brought an average dollar per acre of $12,953, average dollar per tillable acre of $14,481 and an average dollar per CSR2 of $180.  This price is down 4% from the prior week, while still up...

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Do Your Due Diligence

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What does it take to become competent in your daily appraisal work? USPAP 2020-2022 sets guidelines for competency in the Competency Rule, which states the following: An appraiser must: 1. Be competent to perform the assignment. 2. Acquire the necessary competency to perform the...

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