Peoples Company Fall 2024 Land Values Report

accountMktgLSB | calendar-monthDecember 31, 2024

Peoples Company fifth annual National Land Values Report contains details and insights into land values, income performance, regional updates and factors influencing farmland investments. Locate our Midwest states of Nebraska, North and South Dakota in the Northern Plains Market. Michigan, Minnesota, and Wisconsin are found in the Lake States Market. The Corn Belt Market contains our Midwest states of Illinois, Indiana, Iowa, and Ohio. 2024 National Land Values Report

An AFO Interview – Maybe it’s just a bluff?

accountMktgLSB | calendar-monthDecember 20, 2024

Don’t miss this AFO interview by Dave Price, Editor of American Farmland Owner, as he sits down with Dr. Ernie Goss, Professor of Economics at Creighton University to discuss what the numbers are saying about smaller rural communities and farmland across the Midwest. Maybe it’s just a bluff?

The interview recap includes links to Creighton University’s Mainstreet Economy Historical Data from 2014 to 2024, which includes our Midwest reporting states of Illinois, Iowa, Minnesota, Nebraska, North Dakota, and South Dakota, along with Colorado, Kansas, Missouri and Wyoming. Find those report details here: https://bit.ly/3VP59xy

Midwest: Fall land auction results you need to know

accountMktgLSB | calendar-monthDecember 13, 2024

Fall land auction results, featuring recent Midwest land sales in our states of North Dakota, Minnesota and Iowa, help shed insights into the 2025 land market. Although cautious optimism is the outlook for next year, there’s still plenty of bright spots of resiliency in recent Midwest land auction results. Farm Progress – https://bit.ly/3BBnh78

80 Iowa Acres Sell for $19,000 per Acre

accountMktgLSB | calendar-monthDecember 11, 2024

This December 5, 2024 article from Successful Farming, produced in partnership with American Farmland Owner, details six notable farmland transactions from August and September 2024 in our Midwest reporting states of Iowa and Illinois. Find their details here – https://bit.ly/4gvA9dS

Peoples Company Iowa Land Auction Results for November 2024

accountMktgLSB | calendar-monthDecember 5, 2024

“The appraisal team at Peoples Company was able to track 223 tracts or 22,530 acres sold at public auction in Iowa during November 2024. The average dollar per acre was $12,090, the average dollar per tillable acre was $13,949, and the average dollar per CSR2 was $180.” Find their full auction report for our Midwest state of Iowa – https://peoplescompany.com/blog/land-auction-results-november-2024

Where is Farmland Going?

accountMktgLSB | calendar-monthDecember 4, 2024

Successful Farming’s December 2, 2024 article provides answers to this question. Dive in to find details on our aging farmers and farmland loss statistics from American Farmland Trust. Hear from industry expert, Steve Bruere, President of Peoples Co., as he looks beyond the headlines and helps answer who’s buying our farmland. Discover and learn more here: https://bit.ly/4iemZDL

Illinois Century Farm Sells for $25,581 an Acre

accountMktgLSB | calendar-monthNovember 27, 2024

“A 176-acre century farm located in Waterloo, Illinois, sold at an auction on Oct. 29 for about $3.18 million, averaging $18,075 an acre.” Approximately 30 people from the area were registered for the auction. Learn more about this impressive multi-buyer sale and the six tracts of land in our Midwest reporting state of Illinois. Successful Farming – https://bit.ly/49qK42l

Farmland Prices Come Back to Earth After Years of Growth

accountMktgLSB | calendar-monthNovember 20, 2024

Successful Farming’s latest article is packed full with the latest U.S. averages for farm real estate values. Learn about what Peoples Company calls “a rational market” and future anticipated market drivers. Features the USDAs Land Values 2024 Summary with comparisons from 2023 to 2024. Find the 2024 Purdue Farmland Value and Cash Rent Survey, the Federal Reserve Bank of Chicago’s Seventh District Report, and more. Find all the details here – https://bit.ly/3CyQm3o