Farm & Ranch
Land Market Report: March 2021 Rural Land Sales
By Jared Groce
Last month’s prediction of a heavy month of land closings in March have come true, with a lot of land being closed after the snow storm in February. With the banks and title companies all being closed for a week straight, there was a pretty large backlog of closings to do.
I have added the March averages for the last two years to the report this month, and the story is right there in black and white – prices are going through the roof. The “smart folks” who make predictions on such matters say that this trend will likely continue until new federal income tax regulations are enacted by the current administration. The possibility of removing the 1031 clause, increasing capital gains taxes, and increasing personal and corporate income tax rates will likely stop most people from wanting to sell, and make it more difficult for buyers to make their debt services if their income taxes are significantly higher. Time will tell, but there is no doubt that this is the best time in our history to sell land and cash out.
To read more pick up a copy of the May 2021 NTFR issue. To subscribe call 940-872-5922.
By Heather Welper
Husband and wife duo, Heather and Calvin Welper, are the Co-Owners and Operators or Two C Livestock, located in Valley View, Texas.
The pair’s operation has a show cattle focus where they raise and sell purebred heifers of all breeds and club calf Hereford steers.
When it comes to show cattle, the Welpers know a thing or two including how to prepare for the cold winter months and the Texas major show season run.
To read more, pick up a copy of the November edition of North Texas Farm & Ranch magazine, available digitally and in print. To subscribe by mail, call 940-872-5922.
By Hannah Claxton, Editor
As the sun rises each day, so do the dozens of mouths that Meghan McGovern is responsible for getting fed. Rather than the sounds of a rooster crowing, McGovern hears the bellows and bleats of a variety of exotic deer, the chortle of kangaroos, the grunts of water buffaloes, and the chirps of a lemur.
Nestled against the banks of the Red River, the Double M Ranch and Rescue, with its high game fences and deer sprinkling the landscape,s its in stark contrast to the surrounding ranches.
“Having deer is kind of like eating potato chips- you can never actually have just one,” said McGovern with a laugh.
McGovern has several herds to take care of- fallow deer, axis deer, water buffalo, goats, and bison. In smaller numbers, there’s also a few kangaroos, a lemur, a potbelly pig, a pair of zebras, a watusi, and a few horses.
To read more, pick up a copy of the November edition of North Texas Farm & Ranch magazine, available digitally and in print. To subscribe by mail, call 940-872-5922.
By Barry Whitworth, DVM, MPH
With the prolonged drought, most pastures in Oklahoma end up in poor condition. With the lack of available forage, animals may go in search of alternative foods.
If oak trees are in the pastures, acorns may be a favorite meal for some livestock in the fall. This may result in oak poisoning.
Oak leaves, twigs, buds, and acorns may be toxic to some animals when consumed.
To read more, pick up a copy of the November edition of North Texas Farm & Ranch magazine, available digitally and in print. To subscribe by mail, call 940-872-5922.
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