Land News
Farmland is an essential resource for American agriculture. As stewards of the land, farmers and ranchers strive to maximize per-acre value while prioritizing soil health, water conservation and wildlife management. A key indicator of the financial health of the farm sector, farmland values can be influenced by commodity prices, land quality and other factors.
Mortgage interest rates just hit a twenty-year high, topping 7%. High borrowing costs will slowly dampen farmer demand for acres as record land prices mean all but a few will have to borrow some to buy.
Doug Hensley from Hertz Real Estate answers the question, “How much do crop prices impact the decision-making process of farmland buyers” and shares how this year is shaping up to be a bit busier than anticipated.
“People sometimes refer to farmland as an investment in gold, plus a coupon,” Bruce Sherrick says. “You get a fairly low annual cash flow, fairly high long-term rates of return and tax advantages to the asset classes.”
Carbon pipelines are stirring up controversy. According to John Phipps, projects like pipelines, transmission lines or solar arrays are bitterly and usually unsuccessfully opposed, but only by those affected.
“If I were picking both from a financial and an emotional perspective, the next place I could put a dollar, I still would favor farmland pretty highly,” Bruce Sherrick says.
A mid-year report from Farmers National shows land values are increasing by single digits instead of the double digits common in 2021-22. But the company says it has a strong roster of listings headed into late summer.
John Phipps says there are signs that water is the new oil as water rights turn into water fights across the western U.S. He thinks it’s a battle that could only heat up in the coming years.
Court Justice Samuel Alito said the EPA’s interpretation of its powers went “too far.”
Advance planning and a little extra money upfront contribute to long-lasting driveways that require minimal maintenance. Here are four tips.
Roughly 37.6 million acres of U.S. ag land is foreign owned, according to USDA. However, select purchases of U.S. land could come to an end following a Senate vote this week.