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.
May 3, 2012
As I write this, American diplomats are dealing with the awkward situation of Chinese dissident Chen Guangcheng, who got crossways with Chinese authorities and took temporary asylum in the U.S. embassy.
So what does that have to do with farmland? Not much -- at least, not directly. Neither does North Korea’s recent missile test. Or the advance of the U.S. stock market. Or tensions in the Mideast.
April 20, 2012
April 10, 2012
I can’t tell you how many times I’ve seen an owner of farmland who’s ready to sell his land but can’t -- simply because he’s saddled with a long-term lease that makes it impossible to get what would otherwise be a fair market price.
March 26, 2012
When there’s a lot of demand for an asset -- like there is currently for farmland -- it’s easy to get the idea that selling it is a cinch. So it’s tempting for a seller to assume he can do it himself, or hire the lowest-cost broker around to handle the transaction.
March 19, 2012
Farmland prices in Iowa rose by an average of 23.7 percent in the last 12 months, and that’s what passes for a slowdown these days. (The numbers came from the semiannual survey by the Iowa Farm & Land Chapter of the Realtors Land Institute.)
March 14, 2012
The agriculture industry feeds not only our nation, but much of the rest of the world, at reasonable prices. Naturally, that requires a lot of natural resources, and the industry sometimes gets criticized by environmentalists. But an increasing number of farmers and related businesses are seeking ways to reduce their energy use and carbon footprint.
March 12, 2012
Dairy Today reports that Indiana is tightening manure regulations for dairy and beef cattle producers. Starting July 1, producers with 300 or more dairy or beef cattle will be required to have 180 days of manure storage -- a 50 percent increase from the current requirement of 120 days. Dairy Today also reported that Indiana will reduce the phosphorous limit over the next seven years.
February 27, 2012
February 23, 2012
Many folks consider gold a measuring stick for evaluating prices on farmland, and there's some reason for that. As pointed out by Landowner recently, gold historically has a strong 85% correlation to Illinois and farmland. In a recent update, the newsletter noted that despite the much-discussed rise in farmland prices, land remains a bargain relative to gold.
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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"For farmers, bankruptcy isn’t always the end – sometimes it’s a new beginning." https://bit.ly/2HRJuA1
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GREAT QUALITY LAND! 308 acres for sale in Cerro Gordo County, Iowa. CSR2 - 83.2 For more information —-> http://www.murraywiseassociates.com/Real-Estate/Listing/ItemId/123/Iowa/Cerro-Gordo-County …
SOLD! 2,176 acres in Eufaula, OK for a total sale price of $2,889,150 and $1,327/acre. It was a great turnout with a lively group of bidders. Thanks to all who came out! pic.twitter.com/Gn7v9nYeRw
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