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Farm & Ranch

Land Market Report: March Land Sales

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By Jared Groce

Rural land sales are continuing on a steady pace for early spring, with prices holding very strong with the sell-to-list price ratios remaining very high, even on properties that have been on the market for a longer than usual time period. The total number of transactions are picking up once again as the spring selling season kicks off, and the average acreage continues to decrease.

Larger acreage properties seem to be in higher demand than smaller properties currently, with many buyers simply parking cash in real estate to hedge against inflation. Interest rates seem to have settled down and most experts agree that rates will be reduced by the fed this year. Some lenders have programs in place that allow the buyer to reduce their rates without having to go through a full refinance ordeal.

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

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Farm & Ranch

Ranch Biosecurity

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By Barry Whitworth, DVM

With beef, pork, and poultry exports playing a vital role in the economic health of livestock operations, producers need to understand the dangers that foreign animal diseases and other diseases may have on the viability of their operations.

The recent discovery of Influenza A H5N1 virus in dairy cattle demonstrates the vulnerability of livestock operations to disease events. Sick animals are not the only consequence of a disease outbreak. The economic cost associated with disease can be high. Also, in foreign animal disease outbreaks, export markets can be temporarily lost. Currently, Columbia has restricted fresh/frozen beef and beef products from states with dairy herds testing positive for Avian Influenza. The best defense against these threats is a good biosecurity plan.

To read more, pick up a copy of the June 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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In Montana, June brings irrigating, brandings, and some wondrous sights from Mother Nature.

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Farm & Ranch

Ag Elsewhere: Wyoming

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By Tressa Lawrence

Happy June from the lands of Wyoming!

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