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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

Meanwhile Back At The Ranch

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By: Rayford Pullen

Watching our pastures over the years, I have noticed our forages quit growing when nighttime temperatures begin hitting that 45-degree mark, and in North Texas, that will usually be around October 20.

While growth stops, our forages will still be high quality which allows our momma cows to gain weight for another 40 days or so.

Getting these cows in better condition is key to getting them through the winter and breeding after they calve.

Read more in the October issue of North Texas Farm & Ranch magazine, available online and in print. Subscribe to our newsletter to receive NTFR in your inbox each week.

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Farm & Ranch

Grazing North Texas: Old World Bluestems

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By: Tony Dean

In volume 1 of “Old World Bluestems”, Tony Dean addressed issues surrounding the Old World Bluestem family, including the invasive nature of these grasses. In this issue, he examines OWBs as a forage for livestock.

OWBs were intially brought to the US as foragr for livestock and for erosion control capability. Ironically, some of the characteristics that make these species invasive also cause them to be desirable grass for grazing.

One of the primary survival characteristics of OWBs is their ability to withstand heavy grazing. OWBs are genetically prone to grow upright like our native bluestems; however, with heavy grazing pressure, plants begin to take a sod growth form.

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

Big bluestem (turkey foot) grass in prairie against sky of clouds, Murphy-Hanrahan Regional Park, Minnesota (south of Minneapolis)

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Farm & Ranch

Ag Elsewhere: Wyoming

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Ag Elsewhere: Wyoming

By: Tressa Lawrence

It has been a hot, dry summer across northeastern Wyoming. Many ranchers are weaning and shipping early due to the dry conditions and lack of grass.

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