Connect with us

Farm & Ranch

LARGEST ONE-OF-A-KIND RANCH IN NORTH AMERICA GAINS STRONG INTERNATIONAL INTEREST WHILE YET TO “OFFICIALLY” HIT MARKETPLACE

Published

on

Listing brokers report early international interest in the 800-square mile
Texas ranch and oil estate of famed oil & cattle baron legend W.T. Waggoner

VERNON, TEXAS, OCTOBER 7, 2014 – It’s a Texas-sized story that Hollywood could never write, yet this story is destined for the history books. The iconic Waggoner Ranch will be sold.

The seller’s brokers, who will likely “officially” go to the open market in the next 30 to 45 days, report an early surge of interest from potential buyers and brokers worldwide seeking to register interest in the ranch.

“The initial momentum of interest in the Waggoner Ranch has even surpassed my expectations,” said Robbie Briggs, President and CEO of Briggs Freeman Sotheby’s International Realty. “So of course, the response is only a reflection of the magnitude the Waggoner property truly represents.”

“The news of our assignment was picked up by the Associated Press and went viral,” said Bernard Uechtritz of Briggs Freeman Sotheby’s International Realty in Dallas, one of the two exclusive agents representing the sale of the W.T. Waggoner Ranch. “The resulting interest and inquiries from a broad spectrum of qualified buyers has been extremely strong, even overwhelming, as we have tried to focus on the tasks of preparing the property, data, and documentation to actually get on the market.”

Founded in 1849, the legendary W.T. Waggoner Ranch was approved to be liquidated August 6, 2014, by Texas 46th District Court Judge Dan Mike Bird.

This iconic property consists of 510,000 contiguous acres encompassing an historic empire of vast, rich oil fields, open ranges, fertile farming and endless miles of grazing land, along with herds of thousands of cattle as well as enormous lakes, hundreds of foundation-bred, award-winning American quarter horses — all spread across six counties of west Texas prairie and sweeping rangeland. For the first time in its expansive history, the W.T. Waggoner Ranch will be offered to the open market for sale internationally.

The receiver for the W.T. Waggoner Estate, Michael Baskerville, approved the shareholder plan presented to the court. Key to this plan was the appointment of Uechtritz of Briggs Freeman Sotheby’s International Realty and co-broker Sam Middleton of Chas. S. Middleton & Son in Lubbock, Texas as the exclusive agents representing the sale of the ranch and estate assets, offering the ranch to state, national and international interest.

“Briggs Freeman Sotheby’s International Realty is pleased to provide the strategic marketing, and regional, national and international reach to take the W.T. Waggoner Estate across Texas and to the four corners of the world,” said Briggs.

The W.T. Waggoner Ranch is the largest ranch in the United States whose operations exist ‘under one fence.’ There is no other property available on the market anywhere that rivals the Waggoner Ranch’s prestige, its family’s place in history, or its infrastructure. Most likely, an opportunity like this will never be seen again in our lifetime.

Given the most recent interest in the property, Baskerville has set a guideline price for the Waggoner Ranch at $725 million. “The market will soon tell us if we are $3 million too high or $300 million too low,” said Uechtritz. “Right now, the level of response is telling us that this will not be a drawn-out process.”

The listing announcement by Baskerville was supported by a consensus of the shareholders, heirs and families of the estate.

Since this property has never before been sold, no title report or even a complete survey existed for the Waggoner Ranch until this year in anticipation of the sale.

One of the primary assets of the ranch are the mineral rights. Currently, 1,200 wells produce an approximate monthly gross of 41,000 barrels a month for the entire estate. The sale of the Waggoner Ranch will include approximately 42% of these rights, along with a multitude of other assets. Incredibly, some 400,000 acres of the ranch remains unexplored and undeveloped with regard to oil exploration.

“To a buyer,” said Middleton, “there are potentially significant tax benefits in addition to land appreciation and development. Given the opportunities for further oil exploration, green energy, prime farming and grazing land, existing cattle and horse operations, and with an already established infrastructure that includes dams and thousands of miles of fencing and roads, the buyer will potentially get an incredible tax write-off through accelerated depreciation of the vast assets included with the land.”

The Waggoner Ranch is also home to a wide variety of wildlife. “This ranch has not been commercially hunted in 165 years of its ownership. There are outstanding Boone and Crockett quality bucks on the ranch that have never heard a rifle shot,” said Middleton.

What stands as perhaps the most critical component of this sale for the brokers is finding the perfect buyer for the Waggoner Ranch. “This is literally a once in a lifetime opportunity to own such a Texas treasure. The Waggoner Ranch has such significant value, but it’s more than just a large piece of property. The ranch serves so many purposes: multiple integrated businesses, the community, the people… it’s a part of not only Texas history, but an integral part of the history of the cowboy and the American West,” said Uechtritz. “The perfect buyer, we believe, and the family believes, is someone who understands the big picture of the Waggoner Ranch, and that its preservation is critical to its continued prosperity, legacy and value to society. For either an individual or a corporate entity, the acquisition of the ranch offers profitability, diversity and development with the added opportunity to be a civic giant who will benefit from immeasurable culture and community alliance by preserving an icon.”

“I am very pleased with the selection of Bernie Uechtritz and Sam Middleton – to be on the front lines of this herculean assignment,” added Baskerville. “I am confident that Bernie and Sam will find the ranch its perfect buyer.”

For Uechtritz, the W.T. Waggoner Ranch is a symbol of America’s past whose preservation is vital to this country’s future. “Speaking personally,” said Uechtritz, “I am certainly hoping we engage a true patriot or entity who cares less about ‘what price,’ and who will step forward to protect, preserve and enhance this American icon and the cowboy way of life for another 200 years. If someone is willing to pay $2 billion for a basketball team, what does this make half a million prime Texas acres worth? From a brand perspective, no other ranch will ever be the Waggoner. There will only ever be one Waggoner. A ranch that is producing food, energy, is home to some of the best cattle and best bloodlines of horseflesh in the world, and whose generations of employees are the finest example of the backbone of our society. People whose fortitude, values and ethos exemplify what great nations were built on.”

About the W.T. Waggoner Ranch

Founded by Dan Waggoner in 1849, his son, famed cattle baron W.T. Waggoner, continued expanding the ranch to the 510,000 acres that will soon be offered to the international marketplace. Owned exclusively by the Waggoner family, this is the first time the 800-square mile estate has ever been listed for sale. The W.T. Waggoner Ranch is the largest contiguous ranch in the United States, and along with King Ranch and the 6666 (Four Sixes) Ranch, is known throughout the world and revered in Texas as one of the “Big Three.” Nearly the size of Rhode Island, the ranch encompasses six North Texas counties, offering two main compounds, dozens of additional homes, 20 cowboy camps, enormous lakes, hundreds of award-winning quarter horses, thousands of heads of cattle, 1,200 oil wells, and 30,000 acres of cultivated farm land.

About Michael Baskerville

Michael (Mike) S. Baskerville is a Vernon, Texas attorney and Vernon native. He was appointed as Receiver by District Judge Dan Mike Bird in 2011.

About Briggs Freeman Sotheby’s International Realty

Briggs Freeman Sotheby’s International Realty is the oldest privately held real estate boutique in Dallas. With six offices in Dallas, Lakewood, Uptown, Ranch and Land, The Ballpark and Southlake, and more than 250 associates, the firm specializes in significant properties, from historic to contemporary, ranch to waterfront. The company’s deep-rooted connections, cutting-edge marketing and global strategies bring the extraordinary to all clients. President and CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty. For more information, visit http://www.briggsfreeman.com.

About Bernard (Bernie) Uechtritz

International Real Estate Adviser Bernard Uechtritz has a 20-year proven track record of selling and advising on complex, unique and luxury real estate as well as iconic ranches throughout the United States. Since 1995, he has managed and sold real estate for a broad range of clients, institutions, and private wealth management entities. Born in Papua, New Guinea to a pioneering ranch family, Mr. Uechtritz has the ‘cowboy tradition’ in his blood. In a career made on the impossible, Mr. Uechtritz pursued his passion for real estate and ranches stateside, consulting as an international marketing expert and strategic real estate specialist for some of the world’s biggest and most unique properties. Mr. Uechtritz is a father, cattle rancher and competitive horseman.

About Chas. S. Middleton and Son

Sam Middleton is the owner of the renowned West Texas real estate and appraisal firm, Chas. S. Middleton and Son, established by his grandfather in 1920. The business consists of farm and ranch appraisals and farm and ranch sales. Sam holds Real Estate Broker licenses in Texas, New Mexico, Oklahoma, Kansas and Colorado. Mr. Middleton holds the designation of ARA (Accredited Rural Appraiser) through the American Society of Farm Managers and Rural Appraisers, and is a certified appraiser for the states of Texas, New Mexico and Colorado. He has sold numerous expansive ranches throughout the western states of Texas, Colorado, New Mexico and Kansas over the course of several decades. Mr. Middleton lives near Lubbock, Texas and is also a cattle rancher. For more information, visit http://www.chassmiddleton.com.

About Sotheby’s International Realty Affiliates LLC

Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Sotheby’s International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.

###

Continue Reading

Farm & Ranch

Raising Chicks

Published

on

By

By Landon Moore

If you keep or are interested in keeping poultry, you will have the desire to raise young birds at some point. If you order chicks, or decide to incubate and hatch eggs, it will be necessary to learn how to brood the resulting hatchlings. While this will vary in specifics between species, the basic rules remain the same. In this article, the word “chicks” will be used, but the general information following also applies to goslings, ducklings, keets, poults, etc.

Brooding poultry is caring for the chicks during the period when they are growing their first feathers. Chicks hatch with a thin coat of down that leaves them susceptible to chilling. The mother keeps them warm by continuing to sit on the young for the first weeks after hatching. If you plan to hatch your own flock’s eggs you may wonder why you should bother to do it artificially, especially if you have broody birds. The answer is that modern incubators are much more likely to result in live chicks, can incubate far more eggs and keep the extremely vulnerable hatchlings safe as they emerge, especially from ants. Of course if you are purchasing chicks, brooding is your only option.

Before your eggs hatch or the chicks arrive, you will want to have the brooder set up, and ready to go. The first issue to decide is location. You will want a covered and secured place to set up the brooder. Be sure it has plenty of air flow; as anyone who has spent any time with birds can attest, fowl of any age produce an unpleasant smell without adequate ventilation. A barn or other outbuilding could work, but be sure it is well secured. A cat, raccoon or other predator could easily kill your chicks if they get the opportunity. A garage is a great option, offering protection and close access to water and electricity. If it lacks windows you will need to open the garage door a few times per day for ventilation. Inside the house is another option (such as in a disused bathroom) especially for very small poultry. This may seem ideal, offering complete protection, easy temperature regulation, water and electrify, but there are drawbacks. Aside from smell, chicks are unbelievably messy and will require extensive and daily cleaning if the room is to remain in even slightly good condition.

The next choice is what the brooder box will be. You can purchase large metal brooders built for hundreds of chicks or expensive tiered systems on rollers. However the best option is usually a plain, heavy-duty plastic storage box. Cheap, easy to move, simple to clean and sanitize, these are the most versatile and efficient option.

The chicks will require (in addition to shelter) heat, bedding, feed and water. The heat will come in the form of a small heat lamp or even a very strong and hot light bulb suspended above one end of the brooder box. Be sure it is securely prevented from falling into bedding or you could end up with a fire. You can make a metal screen to place over the box which protects them from predators in addition to falling lamps. Place a thermometer at the surface of the bedding before adding the chicks and adjust the heat lamp until the thermometer measures 95 degrees. You will reduce this by 5 degrees each week until their feathers have grown out. Even if the weather reaches or exceeds this temperature a lamp will be needed at night.

You may be intimidated by charts showing the exact temperature requirements of various poultry species and wonder how you can possibly keep the heat exactly right during daily temperature shifts. You do not need to be overly worried about this. Why? Because the chicks will tell you if they are comfortable through their behavior. After placing them in the brooder simply watch them for a few minutes. Do they crowd underneath the heat, piling on each other to conserve heat? Lower the bulb a bit. Are they straining against the opposite wall and cheeping in stress? Move it further away. Are they fairly evenly spread out, some exploring their new environment and some sleeping under the heat? Perfect. This is why the heat should be placed over one end of the brooder. If it is over the entire box you will have no way of knowing if your chicks are over-warmed.

The next issue is bedding. When the chicks are first placed in the brooder the bedding should be a layer of paper towels or (non-slick) newspaper. This even surface provides good traction for the birds preventing splayed legs and also prevents them from getting stuck somewhere and dying or else ingesting bedding before they learn what feed is and dying. It is always good to keep in mind that chicks of all kinds are morbid little things that will jump at the first opportunity for death in their initial couple weeks of life. It is up to you to deny them the opportunity until their self-preservation instinct kicks in. Chicks mature shockingly fast and in just a couple of days the bedding may be exchanged for pine shavings. You may still want a layer of paper at the bottom to make cleaning easier. You do not want to disturb the chicks without necessity, so you can add a fresh layer of shavings a couple of times as needed before you completely clean the box.

Commercial chick feed is available that is meant to be suitable for all species. For game birds, guineas and turkeys it’s often better to just use an adult gamebird crumble feed as their protein requirements are extremely high. For waterfowl, be sure the feed has enough niacin if it isn’t specifically formulated for them. If it does not have enough, you can sprinkle some brewer’s yeast over the top. Medicated feed is usually formulated for chicks specifically and may not be safe for other species (especially for waterfowl), so be sure to check before feeding. Chicks aren’t especially bright and may not be able to figure out how to operate the feeder at first. You can help them by placing a small pile of their feed on a paper plate (or paper towel for quail) where they can see it more easily.

For waterers, their basically two main types; open waterers and bottles. The bottles can be complicated with multiple pieces and nipples to drink from or simply a two piece plastic quart jar and base that screw together. The open waterers will usually be a miniature trough with a hinged or sliding lid that allows the chicks to stick their heads in without falling into the waterer and drowning. Generally the bottle type waterers will stay cleaner and hold more, but for waterfowl open waterers are preferred so they may submerge their bills for cleaning. Quail should be given bottles with special quail bases which are very small to prevent drowning. It can be extremely beneficial to dissolve a couple tablespoons of sugar (or commercially-made chick electrolytes) into the water for the first few days, especially if the chicks came by mail. Provide chicks with warm water the first few days (use your inner wrist to determine a suitable temperature, as you would milk for a bottle) to prevent chilling them. Be sure to carefully dunk each chick’s beak into the water when they are placed in the brooder so they learn what it is.

Chicks are most fragile for the first three days and should be handled as little as possible. When shipped, they will arrive stressed and possible chilled and care during this period is the most crucial. For the first three days after hatching, chicks are still absorbing their egg yolk and will not require outside nutrition and therefore may eat sparingly. It is best practice to sanitize the feeders and waterers regularly, but be aware that all birds will leave manure in their water. Don’t let the water remain filthy, but don’t expect it to remain sterile, either. Likewise, a stinking bog will not yield thriving poultry, but it is unnecessary to fanatically clean the brooder constantly. When the chicks are fully feathered will vary by species (three weeks for quail, six weeks for chickens), but once this happens it will be time for your young feathered friends to graduate to their new pens.

Continue Reading

Farm & Ranch

Mastering Cattle Injection Techniques

Published

on

By

By Martha Crump

Whether you have a few head of cattle or quite a few, you’ve no doubt had to give them injections at some point. If you are managing your herd correctly, that means you’ve established a good working relationship with your local veterinarian, as that is now the protocol for obtaining any medications or vaccines for your herd.

But has anybody ever talked to you about the “What, When, Where, Why and How” of injections? I suspect many of us have watched family, and when we graduated into the designated role of “Shot Boss,” we were given some quick directions, and after that we were on our own. After all, just how difficult could it really be?

Surprisingly, there are quite a few “whys” to consider when we are responsible for the injection side of vaccinating or doctoring our sick cattle. It is no surprise that over the last 20 or so years, as with many practices in the beef industry, progress has been made in standardizing beef cattle injection techniques and methods. These injection techniques are recommended to help with animal safety and the production of safe, quality beef for the consumer.

I’m only mentioning the “What” of this equation briefly, as most all know that the purpose of vaccines is to protect against disease, prevent pregnancy loss and promote passive immunity. Each of these points could rightfully be an article on its own. If you are running a program like your livestock deserve, then the “When” and “Why” is a customized protocol for your herd and will vary across ranches and regions. Producers should work closely with their veterinarian to customize this plan.

This now leaves us with the “Where” and the “How” of giving injections.

The first safety measure is to make sure your cattle are safely restrained and that you have easy access to the neck. A moving animal creates the potential for a missed shot, a misplaced shot or, worse yet, an injury to the “shot boss.” Animals that are not properly restrained are more likely to suffer from tissue trauma, incorrect injection technique and location, and are at a higher risk for needle breaks.

An old saying around cattle pens is, “Slow is faster, because it’s smoother.” Everyone should know what they’re doing, where they are standing to do their specific job and have a clear setup to get it done.

Understanding the route of administration (ROA) for the vaccines or medicine being given is critical for the efficacy of the product being used. Most vaccines are either given subcutaneously (SQ), just under the skin, or intramuscularly (IM) in the neck. Some vaccines are now given intranasally with a specialized blunt plastic attachment.

Starting with the Sub Q injection, it is given at a 45-degree angle, while injections that are given intramuscularly (IM) are positioned at a 90-degree angle and inserted more deeply. When label recommendations are followed, an animal’s ability to absorb, distribute, break down and excrete a drug are predictable. The problem arises when directions are not followed. There are distinct differences in the rate of absorption of drugs depending on how they are delivered, and when given incorrectly, there is no guarantee of drug effectiveness.

Most injections are given SQ, or just under the skin, as they are generally less irritating and therefore the preferred ROA. It is advisable to avoid the temptation to use the hand not holding the needle to pull the skin up or “tent” it as you are injecting. This practice quite often leads to injecting yourself instead of the cow. We won’t talk about how I know this fact!

It is a common tendency for a person who has never given shots, as it makes it easy to feel the syringe path. Instead of this technique, keep the 45-degree angle and try for slight back-and-forth movement of the syringe tip once inserted. If it is mobile, then you are under the skin, but not into the muscle.

For the intranasal vaccines, we have tried a couple of different tips by different manufacturers, and the one we prefer has a large circular guard that prevents the tip from being inserted too deeply into the nasal passage. One brand had a smaller guard, and it was difficult to control depth as the circular guard passed right into the nostril. With a moving target, this had the potential to cause trauma, so we made sure to avoid that brand with future treatments. No matter how well you have them secured, there will be head movement.

We also try to have the head elevated for a few moments after spraying the mist into the nose so it will not immediately run right back out. Our grandson was administering the nasal vaccine for the first time a few weeks ago, and this was the correction he needed. Keep that head up for just a minute to eliminate it dripping right back out. That turns into an expensive puddle! It’s easy to miss the little points when you are learning new things.

This diagram shows exactly where the recommended injection safe zones are located. Injections outside of the indicated safe zone have the potential to cause injury and even death to the animal. The nuchal ligament runs along the top of the neck and is responsible for supporting the head. Injections placed too high have the potential to cause damage that can cause the animal to suffer severe and even permanent paralysis. The same results can occur if the spinal cord is inadvertently hit with the syringe.

Also to be avoided as an injection site is the jugular furrow along the bottom of the neck. This area contains the jugular vein and carotid artery. If medications or vaccines are injected too low along the neck, they can enter directly into the bloodstream and have the unintended effect of possible severe drug reactions.

Another consideration is to keep a hand-width of space between medication injection sites when having to administer multiple ones on an animal. This helps ensure that the tissue can adequately recover from the injections, and it will also prevent the medications from combining under the skin. If medications mix within the animal because they are given in the same spot, they can interact and cause drug reactions, or they can potentially inactivate each other, rendering them useless.

As for the actual equipment, the needle size should be based on the size of the animal. You will see some slight variations in recommended sizes, but generally, for calves less than 500 pounds, a 20- to 18-gauge needle that is 1/2 to 5/8 inch is used for SQ injections. For cattle greater than 500 pounds, an 18- to 16-gauge needle that is 1/2 to 3/4 inch is used. The needle should be slightly longer for IM injections, but the consideration is the same as SQ for weight. Always choose the smallest gauge needle that can still effectively deliver the type of medication needed. Disposable needles with an aluminum hub are preferred.

Now, about those needles. A box of 100 averages out to about 25 cents per unit. Walk into most cattle working pens and what will you find? Needles recapped and lying around, you know, just in case. In today’s economy, it does pay to be frugal, but ranchers have been hoarding and reusing needles for as long as they’ve been in use. Folks, they are one of the least expensive pieces of equipment that we use. You and your animals are better served if the needle being used is replaced when needed.

So, exactly when is it necessary? If a needle is burred, bent or dull, it will increase the likelihood of tissue damage and abscessing. It is even recommended that the needle be replaced every 10 to 15 injections and every time it is necessary to enter a multidose vial. If a needle is bent, you should never attempt to straighten it. You should replace it with a new one.

I’m pretty sure this train of thought will cause a collective gasp. Seriously, they’re not expensive, and they’re not meant to be used for the duration of your lifetime. Replace those suckers!

As for the syringe, proper cleaning is essential for maintaining hygiene and preventing cross-contamination. Whenever possible, you should designate specific syringes for each product and use only with that product.

And this next point is very important. Syringes should NOT be cleaned with soaps or antibacterial agents, as they may affect the efficacy of vaccines because of residue left behind after cleaning. Instead, you should perform a quick pre-rinse with only warm water immediately after use. If disassembly is possible, separate the barrel, plunger and needle, then wash using hot water and a brush. Once cleaned, the syringe may be hung upside down to air dry or placed on a clean towel to dry. Do not reassemble and/or store until fully dry.

When you are utilizing best management practices, your herd stays healthier and more profitable for you. Even if you are throwing away more needles!

Continue Reading

Farm & Ranch

Tumble Windmillgrass

Published

on

By

By Tony Dean

Tumble windmillgrass is a short, compact perennial bunch grass that is adapted to almost every corner of Texas.  It can grow on almost any soil, but prefers coarse textured soils. 

The most obvious characteristic about Tumble windmill is its large seed head sporting 10 to 16 laterally spreading branches, each approximately two to six inches long, arranged in one to three whorls.

When mature, the seed head will break off and be caught up in the wind, making Tumble windmill one of the great wanderers of the plains.  It can tumble great distances, spreading itself in the process.  This wanderer seems to like parking in your garage on windy days, as well as dancing around windy corners of buildings and any other place the wind decides to carry it.

Tumble windmill can also spread by short stolons.  The upper leaves are very short, while the lower leaves are often much longer. The leaves are light green with a purplish seed head that fades to pale reddish at maturity.

Tumble windmillgrass provides poor forage for livestock and wildlife, although most grazers will use the forage in early spring when tender.

Since Tumble windmill can grow in poor soil conditions, it is useful as a component for a prairie grass mix used on disturbed areas. This grass does not usually dominate a pasture but can often be found in smaller amounts.  Proper grazing use along with rotational grazing can cause the plant to be replaced with higher successional plants.

Continue Reading
Ad
Ad
Ad

Trending