Farm & Ranch
Land Market Report
By Jared Groce
Many folks, including myself, had predicted last year that the increase in land pricing would likely continue in 2022 barring a catastrophic event. Well, that event is here and is called inflation.
What will that do to land prices for us? Of course no one really knows, but here are some things to consider:
According to the Texas Real Estate Center at Texas A&M, we saw a 19.52 percent decrease in land prices in 1975 when we had the oil crises and inflation. We saw a 13.59 percent decrease in 1989 during the recession led by Iraq invading Kuwait. There seems to be a common thread of fuel prices, inflation, and land prices. However, what we had in 1975 and 1989 was the fact that so much of Texas land had a highest and best use of agriculture, but today, practically none of our North Texas land has a highest and best use of agriculture simply because the price is too high.
To read more pick up a copy of NTFR magazine. 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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