Land Business Monthly - June 2022

PeoplesCompany.comBUSINESS MONTHLYLANDJUNE 2022 + Worldwide Fertilizer Consumption & Production+ Blueberry Insurance: An Underused Tool+ The Organic Gambit: A Strategic Approach

LAND BUSINESS MONTHLY | JUN 22Worldwide Fertilizer Consumption & ProductionCollaboration for a Common Goal: Peoples Company Perspective Included in May 2022 Open Rivers JournalLate-Spring Frost Hits Willamette ValleyBlueberry Insurance: An Underused ToolThe Organic Gambit: A Strategic ApproachLand Investment Monthly June 2022—New ListingsTable ofContents345667801.10.2023 iowa events centerpresented by PEOPLES COMPANYSAVE THE DATEREGISTER EARLY!

PeoplesCompany.com | 3Worldwide Fertilizer Consumption & ProductionLAND MANAGEMENTIf one wanted to strike a nerve with farmers last fall, all it took was to bring up the price of fertilizer. Things have not improved as we move through the second quarter of 2022. Let’s take a closer look at what has pushed the prices higher and the major players in the industry.Increase in Worldwide UseWith the fertilizer prices climbing to near record levels not seen since 2008, it’s estimated there will be a reduction in corn acres.READ MORE +By Eric Geiger, AFM | Land Manager | Midwest

LAND BUSINESS MONTHLY | JUN 22Collaboration for a Common Goal: Peoples Company Perspective Included in May 2022 Open Rivers JournalBy Mollie Aronowitz, AFM | Land Manager & Director of Sustainability | MidwestPeoples Company Land Manager, Mollie Aronowitz, was recently published in the May edition of Open Rivers: Rethinking Water, Place & Community. The online journal is produced by the University of Minnesota Libraries Publishing Services and the University of Minnesota Institute for Advanced Study. READ MORE +LAND MANAGEMENT

PeoplesCompany.com | 5Blueberry Insurance: An Underused ToolBy Courtney Churchill | Appraisal Intern | Lake StatesOut of all crop insurance, blueberry crops are the most under-insured in the industry. This seems to be a surprising fact considering in recent years the blueberry industry has been declining. Blueberry farms have been subject to issues like Spotted Wing Drosophila (SWD), cold temperatures and changing market pressures. So, what types of insurance are available and what are the benefits to farmers?READ MORE +REGIONAL NEWSLate-Spring Frost Hits Willamette ValleyBy Alexi Storm | Executive Assistant | Pacific NorthwestOregon winemakers are assessing the damage after a severe late frost struck the Willamette Valley region. The week of April 10 saw record-low temperatures just as vineyards in Chehalem Mountains and Yamhill-Carlton were starting budbreak. Frost is not uncommon in Oregon, but it typically strikes earlier in the season when the vines are still dormant. READ MORE +

LAND BUSINESS MONTHLY | JUN 22The Organic Gambit: A Strategic ApproachLAND MANAGEMENTBy Peter Isaacson, AFM | Land Manager | MidwestPeoples Company Land Management strives to stay current with agricultural trends and provide a high level of expertise to the clients we serve. Farming and farmland ownership can be overwhelming at times, and with alternative revenue streams more relevant than ever (wind, solar, carbon markets, organics, etc.), our goal as your farmland fiduciary is to simplify the process and maximize your opportunity.READ MORE +

PeoplesCompany.com | 7Land Investment MonthlyLAND INVESTMENTDeWitt Observer:Farmland Values Setting RecordsREAD MORE +Michigan Farm News:Chicago Fed: Midwest Farm Values Jump 23% Year-Over-Year to Start 2022READ MORE +Bloomberg: Diesel’s 100% Surge and Scarcity Deny Farmers Their ‘Lifeblood’READ MORE +Star Tribune: Farm Income Remains Strong Despite Inflation, Says Minneapolis FedREAD MORE +Photo Credit: David Joles, Star Tribune FileTo learn more about our investment services, please visit our website: PeoplesCompany.com.

LAND BUSINESS MONTHLY | JUN 22New ListingsLAND BROKERAGE & AUCTIONS85 ACRES M/LSHERBURNE COUNTY, MN120 ACRES M/LFAYETTE COUNTY, IA117 ACRES M/LBUCHANAN COUNTY, IA409.46 ACRES M/LLAFAYETTE COUNTY, WI579.84 ACRES M/LMARSHALL COUNTY, MN200.10 ACRES M/LBREMER COUNTY, IA74 ACRES M/LBUCHANAN COUNTY, IA320 ACRES M/LHOWARD COUNTY, IA298 ACRES M/LMARION COUNTY, IA

PeoplesCompany.com | 9VIEW ALL AGRICULTURAL LISTINGS +117.33 ACRES M/LGRANT COUNTY, WI105 ACRES M/LMARION COUNTY, IA153 ACRES M/LBUCHANAN COUNTY, IA80 ACRES M/LWRIGHT COUNTY, IA140 ACRES M/LIOWA COUNTY, WI224.81 ACRES M/LIOWA COUNTY, WI80.59 ACRES M/LWORTH COUNTY, IA234.43 ACRES M/LWARREN COUNTY, IA164 ACRES M/LCLINTON COUNTY, IA

PeoplesCompany.com