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Farm & Ranch

Land Market Report: October Land Sales

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By Jared Groce

The rural land market in our six-county area of Collin, Cooke, Denton, Grayson, Montague and Wise Counties held steady in October, with an overall average price of $30,101 per acre as compared to $25,674 per acre in October of 2022, however the average number of days on the market has increased somewhat from 109 days to 165 days.

Higher interest rates have had some affect on the land transactions, but there is still a lot of cash out there that is looking for land to park on. Folks with 1031 like-kind exchange money that have a limited amount of time to get that money reinvested are leading the pack of cash buyers.

We are seeing more reductions in list prices as time passes, as many sellers were pricing their properties at prices that were months ahead of their current market price. Those sellers have realized today’s market is not increasing as rapidly and need to get their listing prices back down closer to today’s actual value.

To read more, pick up a copy of the December issue of NTFR magazine. To subscribe by mail, call 940-872-5922.

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Farm & Ranch

Grass Tetany (Hypomagnesemia)

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By Barry Whitworth, DVM

With spring approaching, producers should be aware of a disease associated with rapidly growing forages. Hypomagnesemia is commonly referred to as grass tetany. The disease is a serious and often fatal metabolic disease that occurs in cattle and less commonly in sheep and goats. The disease is characterized by low blood and cerebral spinal fluid levels of magnesium.
Low level of magnesium in animals is associated with tetanic convulsions. The disease is often associated with grazing lush green pastures during cold rainy weather in early spring. Other names for hypomagnesemia are grass staggers, hypomagnesmic tetany, lactation tetany, or wheat pasture poisoning.

Magnesium is an important mineral because it activates many enzymes in chemical reactions in the body. Without this mineral, cells are unable to produce energy, transport genetic information, transport materials across cell membranes, and nerves cease to respond in a normal manner. Magnesium also plays a role in electrolyte balances in the body.

Maintaining magnesium levels requires adequate daily intake to meet the needs of the animal. Factors that increase magnesium requirements are fetal growth during pregnancy, milk production, soft tissue growth, and bone growth. Failure to absorb magnesium may lower blood levels as well.

To read more, pick up a copy of the February 2024 issue of NTFR magazine. To subscribe by mail, call 940-872-5922.

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Farm & Ranch

Ag Elsewhere: Montana

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By Lindsey Monk

Hope someone is whispering sweet nothings in your ear this Valentine’s Day!

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Farm & Ranch

Ag Elsewhere: Wyoming

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By Tressa Lawrence

May you find yourselves bedded down and cozy this February!

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