Connect with us

Farm & Ranch

Land Market Report

Published

on

By Jared Groce

This hot and dry weather is taking a toll on our lands and our livestock, but land prices are holding their own despite the recession and the highest interest rates in decades. So far.

What change I am seeing is the type of buyer who is consuming these available properties, from the “end user” type of buyer to the investment buyer. Buyers getting a loan to buy a piece of land to build on or enjoy have all but disappeared and have been replaced with three different types of buyers: (a) Those doing a 1031 exchange to defer their capital gains taxes. These people have a limited amount of time in which they must identify and then close on a like kind property in order to defer the tax. (b) Developers. There are still a ton of developers and wannabe developers out there who want to buy 100 acres and chop it up into smaller tracts and sell at a higher price per acre. (c) Cash Parkers. These buyers have a lot of cash on hand and want to hedge against inflation by parking that cash into a solid, tangible item that cannot go to zero value.

To read more pick up a copy of NTFR magazine. To subscribe call 940-872-5922.

Continue Reading

Farm & Ranch

Ag Elsewhere: Montana

Published

on

By

By Lindsey Monk

Calving season is in full swing, which means branding is next!

Continue Reading

Farm & Ranch

Meanwhile, Back at the Ranch…

Published

on

By

By Rayford Pullen | rcpullen@yahoo.com

Is spring yet? If you are like me, this seems like the longest winter we have ever had. When spring does arrive in full force, it will be a photo finish regarding our hay inventory and the emergence of green grass.

With the winter we have had, regarding costs, this has also been the most expensive when it comes to the price of hay and feed. Happiness is winter in our rearview mirror around here.
Spring will arrive this month in most parts of Texas, and with it will come new calves and breeding decisions.

Those cows that made it through the winter are probably in fair to decent shape and will need a month or so of great grazing to get back in shape, while they are also nursing a calf.
In the case of first calf heifers, they are trying to grow and put on weight without their permanent incisors.

These young females are asked to do a lot and may need a little extra help, nutrition wise, to get rebred on time and continue calving during the target months. Around here, if a heifer is born in February or March, we expect her to calve at age two in the same month she was born. It does not always work out, but that is our goal.

With bull turn out for spring calving cows and heifers being mid-April to mid-May, we certainly hope and expect them to be gaining weight and be in shape to conceive as early in the breeding season as possible.

To read more, pick up a copy of the March issue of NTFR Magazine. To subscribe call 940-872-5922.

Continue Reading

Farm & Ranch

Noble Learning: Who Will Take Over the Ranch?

Published

on

By

Planning for your ranch’s succession ensures the legacy you want to leave for your land. Here are seven steps to consider.

By Katie Miller

As Benjamin Franklin famously said, “Nothing is certain except death and taxes.” Most ranchers don’t like to discuss either, but having a ranch succession plan in place can ensure the future of your land and legacy when you’re no longer at the helm. While estate planning is what makes sure your assets are passed on to the desired recipients, succession planning is the road map to transitioning a business to the next generation, according to Dan Childs, Noble Research Institute senior agricultural consultant.

As Jason Bradley, agricultural economics consultant for the institute, notes, succession planning is especially vital to the legacy regenerative ranchers hope to leave.

“I think of the story of the old man who plants trees knowing he will never sit in the shade of those trees,” Bradley says. “Ranchers want to better the land so they can pass on something that they helped rebuild and rejuvenate.”

To read more, pick up a copy of the March issue of NTFR Magazine. To subscribe call 940-872-5922.

Continue Reading
Ad
Ad
Ad

Trending