Land Business Monthly - May 2022

PeoplesCompany.comBUSINESS MONTHLYLANDMAY 2022 + What is on Your Work List for 2022? + Seasons of Farmland Ownership When You Need an Appraiser+ Targeted Off-Market Farmland Acquisitions

LAND BUSINESS MONTHLY | MAY 22What is on Your Work List for 2022?Seasons of Farmland Ownership When You Need an AppraiserWhat is My Relationship with My Agent?Targeted Off-Market Farmland AcquisitionsLand Investment Monthly May 2022—New Listings and Pending/SoldTable ofContents345678The landscape is turning green in the Midwest, and Peoples Company Land Managers are anxious to get out from behind their desks and onto farms. Managers are overseeing tasks like dirt work and tile improvement projects, farm repairs, and CRP management.READ MORE +Spring CRP Management: Bird’s Eye View

PeoplesCompany.com | 3What is on Your Work List for 2022?LAND MANAGEMENTIn 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 begins to offer good days to get out, but often too cold or too wet for consistent fieldwork just yet.READ MORE +By Mollie Aronowitz, AFM | Land Manager & Director of Sustainability | Midwest

LAND BUSINESS MONTHLY | MAY 22Seasons of Farmland Ownership When You Need an AppraiserBy Emily Oberbroeckling | Certified General Appraiser | MidwestSpring planting season is here in the Midwest. This is a time of renewed spirit amongst farmers, seeking new opportunities and setting new goals for the growing season. As a farmland appraiser and a generational Iowa farmland owner, I’ve learned to appreciate the different seasons of growing crops and the different seasons of farmland ownership. This includes times during a farmland owner’s life when they will need an appraiser. It is a rewarding career to see through all the seasons of land ownership. Each season of ownership means different emotions for each landowner, but the necessity of understanding the value of their investment can leave a certain level of peace in making their next farm and business decision. READ MORE +AGRICULTURAL APPRAISAL

PeoplesCompany.com | 5What is My Relationship With My Agent?LAND BROKERAGEBy Kim King | REALTOR® & Auctioneer | DeltaWhat is the difference between a customer and a client?This is a critical question when dealing with a real estate transaction and needing to understand your relationship with ‘your’ agent. When working with a real estate licensee, everyone begins as a customer. If you decide to engage the licensee and allow them to represent you in a transaction, you will sign an agency agreement and become a client. If you decide to become a client, there are a few key differences in what you can expect from the licensee (and the real estate company).READ MORE +

LAND BUSINESS MONTHLY | MAY 22Targeted Off-Market Farmland AcquisitionsLAND BROKERAGEFor at least the last fifteen years in California, the amount of capital pursuing farmland investments has grown significantly and has vastly outstripped the supply of high-quality ag properties that are available for purchase.This supply-demand imbalance has benefited sellers with increasing values and reduced marketing times. However, this has also created a very competitive marketplace where it is difficult for buyers – both owner-farmers and investors – to find suitable agricultural assets to acquire.READ MORE +By Curtis Buono | Managing Partner | Pacific West

PeoplesCompany.com | 7Land Investment MonthlyLAND INVESTMENTREALTORS® Land Institute – Iowa Chapter:Survey Shows Increasing Land ValuesREAD MORE +Progressive Farmer:Land Values Notch RecordsREAD MORE +Beverage Industry Enthusiast: Jackson Family Expands to Walla Walla Valley, Entering Washington State WinemakingREAD MORE +Commercial Real Estate:Farming Families in the Box Seats as Funds Sell Down PortfoliosREAD MORE +AgWeb Farm Journal: Rural Mainstreet Index: Farmland Prices Grow at Rapid PaceREAD MORE +Farm Futures: Fed’s Interest Rate Strategy Could Backfire on FarmersREAD MORE +Progressive Farmer: MAP Fertilizer Price Index Ties All-Time RecordREAD MORE +Forbes: Record-breaking Drought is Reordering American AgricultureREAD MORE +Photo Credit: AgWeb

LAND BUSINESS MONTHLY | MAY 22New Listings and Pending/SoldLAND BROKERAGE & AUCTIONS363.20 ACRES M/LKIT CARSON COUNTY, CO143.73 ACRES M/LIMPERIAL COUNTY, CA139.75 ACRES M/LGUTHRIE COUNTY, IA581 ACRES M/LMAHASKA COUNTY, IA409.46 ACRES M/LLAFAYETTE COUNTY, WI514.37 ACRES M/LSAUK COUNTY, WI102 ACRES M/LCLINTON COUNTY, IA227.55 ACRES M/LMARION COUNTY, IA996.61 ACRES M/LWALLA WALLA COUNTY, WAPENDING

PeoplesCompany.com | 9VIEW ALL AGRICULTURAL LISTINGS +77.70 ACRES M/LRIVERSIDE COUNTY, CA155.37 ACRES M/LDAWSON COUNTY, NE80.59 ACRES M/LWORTH COUNTY, IA80 ACRES M/LCLARKE COUNTY, IA160 ACRES M/LCLARKE COUNTY, IA1,102 ACRES M/LCHICOT COUNTY, AR115 ACRES M/LGRUNDY COUNTY, MO1499.20 ACRES M/LYAKIMA COUNTY, WA303.50 ACRES M/LBENNETT COUNTY, SDPENDING

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