Farm & Ranch
Land Market Report
By Jared Groce
Many folks, including myself, had predicted last year that the increase in land pricing would likely continue in 2022 barring a catastrophic event. Well, that event is here and is called inflation.
What will that do to land prices for us? Of course no one really knows, but here are some things to consider:
According to the Texas Real Estate Center at Texas A&M, we saw a 19.52 percent decrease in land prices in 1975 when we had the oil crises and inflation. We saw a 13.59 percent decrease in 1989 during the recession led by Iraq invading Kuwait. There seems to be a common thread of fuel prices, inflation, and land prices. However, what we had in 1975 and 1989 was the fact that so much of Texas land had a highest and best use of agriculture, but today, practically none of our North Texas land has a highest and best use of agriculture simply because the price is too high.
To read more pick up a copy 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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