Farm & Ranch
Land Market Report: January Land Sales
By Jared Groce
January land sales remained very low as a by-product of Q4 of 2022. It takes an average of 30 to 45 days from contract to close for a parcel of land, so we are seeing the leftovers of a very slow December. In fact, these are the lowest numbers I can remember in my 15 years in the land brokerage business.
But, call volume, along with the numbers of showings and contracts written, have increased drastically over the month of January, which should mean a lot more closings in the months of February and March. I expect this trend to continue to increase during the next several months as well as buyers once again get the itch to own their own little piece of dirt in North Texas. I expect that the serious investors who have been sitting on the sideline for the past five to seven months will also come to the realization that the sky is not falling after all, and once again start buying up tracts of land for investment growth as well as a hedge against inflation.
To read more, pick up a copy of the March issue of NTFR Magazine. To subscribe call 940-872-5922.
By Tressa Lawrence
Ranchers across northeast Wyoming and the surrounding areas saw record moisture levels in 2023. The year 2024 has seen significantly less moisture to date.
By Lindsey Monk
People are finishing up brandings. Here, Danny Walter is shown getting it done.
By Barry Whitworth, DVM
On July 6, 2020, the United States Department of Agriculture Animal and Plant Health Inspection Service (APHIS) posted in the Federal Register a proposal that radio frequency identification tags be used as official identification for cattle and bison. Following a period for public comment, the USDA APHIS released a statement on April 24, 2024, with the amended animal disease traceability (ADT) regulation for cattle and bison. The full press release may be found at https://www.aphis.usda.gov/news/agency-announcements/aphis-bolsters-animal-disease-traceability-united-states. Under the new rule, cattle and bison will need to be identified with tags that are both visual and electronic.
The USDA defines ADT as knowing where diseased and at-risk animals are, where they have been, and when the animal disease event took place. A system that allows for efficient traceability of livestock in the United States is essential for animal health and reducing the economic effect of a foreign animal disease outbreak and other diseases on livestock producers as well as others whose well-being depends on livestock production.
To read more, pick up a copy of the July issue of NTFR magazine. To subscribe by mail, call 940-872-5922.
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