Farm & Ranch
Land Market Report: November Land Sales
By Jared Groce
Rural land sales in the North Texas region continue to slow at the end of the year. Factors such as increased interest rates, political tension, and inflation are causing many buyers to stay on the sidelines for now. Closed sale prices do not reflect a major downturn in pricing yet, but as buyers get more scarce, I would expect buyers who need to sell, to start dropping prices even more in order to get offers sent to them. While this may be depressing for sellers who are currently on the market, it is not unordinary since it is common to see a slowdown in the market as election time draws closer.
There is still an onslaught of developers buying up rural land close to a city in order to create a residential subdivision. With more than 1,000 people a day moving into Texas, there is a huge demand for housing now, and in the foreseeable future. Regardless of which side of the fence we are on concerning growth, it seems that is going to happen regardless.
To read more, pick up a copy of the January 2024 issue of NTFR magazine. To subscribe, 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.
By: Tony Dean
There are a handful of grasses on North Texas grazing lands ranchers need to know, not because they are highly desirable, but rather because they are not of much value. I call them “decom” plants, which is am acronym for “Don’t Ever Count On Me.” Silver bluestem is a “decom” grass.
Silver bluestem is a perennial which grows in all areas of Texas. It can survive in almost all soil types, and in full sun conditions or in semi shade. It grows up to three feet tall and is easily recognized with the presence of the white fuzzy seed head. Also, one of the identifying characteristics of Silver bluestem is a bend in the stems at each node, causing the plants to take on a rounded shape as they mature.
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: Rayford Pullen
Fall is here which means winter is closing in on us and before we officially get into winter, we need to make sure our factories are either producing or will be producing in a few months.
We have been pregnancy testing our cows this fall and if they are not bred or nursing a calf, we are bidding them adios. With annual costs somewhere between $900.00 and $1,000.00 per cow, those cows not producing a live weaned calf are costing us quite a bit.
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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