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Murray Wise Ag Notes.

Entrepreneurship scholarship winner pursues solution to soil compaction challenge

October 30, 2012


I found myself bursting with pride recently when a young man named Colin Hurd was featured  in the Iowa State Daily for his work in developing a solution to a challenge that farmers face constantly: How to minimize soil compaction.

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Can you imagine what something like the drought would have done to stock prices?

October 30, 2012

One of the greatest benefits of farmland ownership is land's stability over the long term. We're really seeing that now, as the crops are in and land sales begin to pick up. After the worst drought of our lifetime, it would stand to reason that land prices might weaken. After all, that's what we see in the stock market: A little bad news about one company or industry can send the entire market reeling.

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Why a Murray Wise auction may be right for your small farm

October 16, 2012

All farmers understand supply and demand. A drought reduces the supply of corn, for example, and prices go up. It's natural, because we sell our farm products every year, in all kinds of markets. Commodity markets create the competition that establishes a fair market value.

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Eleven enter university agriculture programs on Murray Wise Associates Foundation scholarships

August 21, 2012

One of the greatest pleasures in my life is being able to provide scholarships to young people pursuing agriculture and agribusiness related degrees. I’m particularly pleased that 11 young people are enrolled in 10 different colleges, aided by scholarships from our foundation. Read more

A lot of folks are starting to ask me how the current drought -- the worst since 1988 -- will affect farmland prices

August 13, 2012

A lot of folks are starting to ask me how the current drought -- the worst since 1988 -- will affect farmland prices. Will it entice more people to sell? Will cash rent prices drop? Read more

Remembering Barton Biggs

July 18, 2012

When it came to financial experts, they didn’t get any bigger -- or any smarter -- than Barton Biggs, who died July 14 at the age of 79. I rarely speak without quoting his 1988 advice: “Buy a farm and get rich slowly.” He’s quoted repeatedly in my 1993 book, Farmland Investment Strategy. Read more

Worried about the drought? Focus on the long-term basics

July 16, 2012

It wasn't so long ago that we were all feeling downright euphoric about the 2012 crop season. A mild winter had ended early, enabling many farmers to get their crops in the ground early. Worldwide demand was (and still is) continuing to grow, and everything pointed to a year to remember.

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Most farmland owners feel someone is willing to pay more than their land is worth

June 25, 2012

A survey of 246 farmland owners shows that 65% of those participating felt someone else would pay more for their farm than they feel it is worth, according to an article from FarmDocDaily.com. The survey was conducted by the Purdue University Center for Commercial Agriculture for the upcoming Top Farmer Crop Workshop, being held July 9-11 in West Lafayette, Ind. Read more

Mourning the loss of ag broadcaster Mark Pearson

June 4, 2012

American agriculture lost one of its best friends this weekend, when Mark Pearson, longtime host of Iowa Public Television’s Market to Market show, died suddenly of an apparent heart attack. He was 54.

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Dec. 31 is coming: Make sure your succession plan accounts for possible increases in the estate tax

May 14, 2012

Farmers have always loved their land and sought to keep it in the family for generations.But there may be one objective that’s even more important: Preserving the wealth created by that land for future generations.

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About Murray Wise

Murray Wise founded the Westchester Group in 1986 after acquiring the Champaign, IL division of the Sandage Companies, a traditional farm management and brokerage firm…

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