Land Business Monthly - February 2022

PeoplesCompany.com BUSINESS MONTHLY LAND FEBRUARY 2022 + Webinar: Big Questions in Land Management + Paying the Piper: 2021 vs 2022 Farm Expense + Become a Farmland Owner with mAgma

LAND BUSINESS MONTHLY | FEB 22 Webinar: Big Questions in Land Management What is a Material Defect? Paying the Piper: 2021 vs 2022 Farm Expense Become a Farmland Owner with mAgma Land Investment Monthly February 2022 — New Listings Table of Contents Free, Downloadable Tech Backgrounds Choose from multiple different backgrounds for your phone, tablet, and/or computer. DOWNLOAD + 3 4 5 6 7 8

PeoplesCompany.com | 3 TUESDAY February 22nd | 3:00 p.m. CST W E BINAR: Big Questions in Land Management INPUT PRICES CROP MARKETING/ FUTURES MARKETS RICE MARKETS ANNUAL RETURN VS. LONG-TERM APPRECIATION SUCCESSION PLANNING Please join Peoples Company and industry-leading experts on Tuesday, February 22nd from 3 p.m. to 4:30 p.m. CST for Peoples Company’s webinar, “Big Questions in Land Management.” This complimentary webinar will cover succession planning, crop marketing/futures, annual return vs. long-term appreciation, rice markets, and input prices. We look forward to bringing you valuable information for the upcoming 2022 agricultural season. REGISTER + SUCCESSION IN ESTATE PLANNING RICE INDUSTRY AND OUTLOOKS RICE INDUSTRY AND OUTLOOKS ANNUAL RETURN VS. LONG-TERM APPRECIATION CROP MARKETING/ FUTURES MARKETS INPUT PRICES RENA STRIEGEL President, Transition Point Business Advisors MILO HAMILTON President & Senior Economist, Firstgrain TANNER EHMKE Lead Economist, CoBank’s Knowledge Exchange Division MOLLIE ARONOWITZ Director of Sustainability & Land Manager, Peoples Company JOE CAMP Director of Managed Programs, Commstock Investments GAJI BALAKANESHAN Chief Operating Officer, Midwestern BioAg

LAND BUSINESS MONTHLY | FEB 22 A material defect is any item or concept that can alter a seller or buyer’s decisions in a transaction. These defects can change the direction of a transaction and significantly impact the value of the property. All known defects are to be disclosed by any party within the transaction, given the knowledge of the defect. READ MORE + By Doran “Jeff” Post | Broker | Midwest What Is A Material Defect? LAND BROKERAGE

PeoplesCompany.com | 5 Paying the Piper: 2021 vs 2022 Farm Expense LAND MANAGEMENT By Peter Isaacson, AFM | Farm Manager | Midwest Since the COVID-19 pandemic outbreak in late 2019, all sectors of the global economy have experienced turbulence. Agriculture was no exception, with swings in expense and price opportunity over the past 24 months. As we rolled into 2020, corn and soybean prices remained low through the beginning of the fall harvest. It is irregular to have the highest prices of the year fall during harvest, but that is exactly what happened with prices jumping up and trending higher going into 2021. The timing put farmers in a “sweet spot,” where 2021 inputs were bought low, and grain was sold high. READ MORE +

LAND BUSINESS MONTHLY | FEB 22 Become a Farmland Owner with mAgma By Molli Hagge | Project Manager | Land Investment American farmland is a one-of-a-kind asset class that creates an opportunity for investors to fortify their portfolios and position them for long-term, sustainable growth. Although farmland has historically been an attractive long-term investment, it simply featured too many barriers to entry for most investors. However, the ongoing financialization of the asset class has made farmland more accessible than ever to retail investors. Farmland can be managed through market volatility to consistently yield strong annual returns from crop income and enables investors to capitalize on the appreciation in the value of land, which has historically outperformed other asset classes over time. Due to the ongoing coalescence of these factors, there has never been a better time to be a farmland owner! READ MORE + LAND INVESTMENT

PeoplesCompany.com | 7 WHO-TV 13: Farmland Values Soaring in Iowa. How it’s Impacting Farmers Big and Small READ MORE + Successful Farming: Key Indicators in the Growing Value of American Farmland READ MORE + Land Investment Monthly LAND INVESTMENT Successful Farming: Risk and Reward: A Conversation with Sam Zell, Founder and Chairman of Agricultural Real Estate READ MORE + Successful Farming: The Land Report Announces the Top 5 U.S. Landowners READ MORE + SeedWorld: Nebraska Study Finds Climate, Field Management Hold Keys to Increased Crop Yields READ MORE + Photo Credit: Nathan Thomas, University of Nebraska-Lincoln To learn more about our investment services, please visit our website: PeoplesCompany.com.

LAND BUSINESS MONTHLY | FEB 22 New Listings LAND BROKERAGE & AUCTIONS 1,667.69 ACRES M/L SIOUX COUNTY, NE 151.64 ACRES M/L GUTHRIE COUNTY, IA 225 ACRES M/L WAYNE COUNTY, IA 82 ACRES M/L WINNEBAGO COUNTY, IL 311.89 ACRES M/L WARREN COUNTY, IA 311.51 ACRES M/L SANTA CLARA COUNTY, CA 116.48 ACRES M/L DALLAS COUNTY, IA 80 ACRES M/L FAYETTE COUNTY, IA 190.87 ACRES M/L GRUNDY COUNTY, IA

PeoplesCompany.com | 9 VIEW ALL AGRICULTURAL LISTINGS + 70.53 ACRES M/L DUBUQUE COUNTY, IA 185.82 ACRES M/L SANTA CLARA COUNTY, CA 420.95 ACRES M/L ST. CROIX COUNTY, WI 430 ACRES M/L MARION COUNTY, IA 1,033.39 ACRES M/L NORMAN COUNTY, MN 588 ACRES M/L MAHASKA COUNTY, IA 210.26 ACRES M/L GRANT COUNTY, WI 461.87 ACRES M/L MONROE COUNTY, IL 127.83 ACRES M/L MONROE COUNTY, IL

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