We told you last week that stronger land prices during late 2021 continued higher through the first five months of this year. That was partially helped by investors looking for a low-risk inflation hedging investment. And Mark Oppold reports wealthy investors are turning to farm and ranch land. According to Farmers National Company, prices for good quality cropland are up 20 …
Farmers National Company: Land Prices up 20%
The stronger land prices of late 2021 continued higher through the first five months of 2022. After a calm period at the start of the year with prices steady, prices took another jump up as a result of the outbreak of war in Ukraine and ongoing inflation fears. Farmers saw higher commodity prices, and investors wanted a low-risk inflation hedging …
Pasture and Rangeland Condition Reaches Record
When this week’s report concerning pasture and rangeland conditions across the country came out, it showed conditions have reached the lowest level for this century. Rod Bain has the story. USDA meteorologist Brad Rippey looks at latest notable state pasture and rangeland condition ratings. Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners …
USDA Encourages Producers to Enroll Grasslands into Working Land Conservation
The U.S. Department of Agriculture (USDA) is encouraging producers and landowners to enroll in the Grassland Conservation Reserve Program (CRP). Signup ends May 13, 2022.? Grassland CRP, a part of the CRP program, provides a unique opportunity to keep land in agricultural production and supplement your income while improving their soils and permanent grass cover.?? The program had its highest enrollment in history in …
Very Concerning Pasture and Rangeland Condition Report
The national average for pasture and rangeland conditions as of the first of May is very concerning. USDA meteorologist Brad Rippey explains the concern behind USDA’s first pasture and rangeland condition report for the year, and how it is reflecting the ongoing drought across the western part of the country. Rippey noted 18% of the nations’ pasture and rangeland conditions are rated …
Farmland Prices up 20% in 2022
The stronger land prices of late 2021 continued in the first months of 2022. Farmers National Company reports sale prices took another jump higher because of the war in Ukraine and ongoing inflation fears. Farmers saw higher commodity prices, and investors wanted a low-risk inflation hedging investment, which propelled the competition for good cropland. Farmland values are roughly 20 percent …
Row Crop Planting Slowly Starting in the Southeast
The USDA National Agricultural Statistics Service (NASS) recently started issuing their weekly crop progress reports for the 2022 season, and as of this past Sunday, NASS reports in Alabama there were 3.8 days suitable for fieldwork, in Florida 6.4 days were suitable, while in Georgia there were 4.2 days suitable for fieldwork. Corn planted in Alabama was at 38 percent, which compares …
Hay and Cattle in Drought
Drought coverage continues to expand to record, or near record, levels in the U.S. USDA meteorologist Brad Rippey discusses drought coverage for hay and cattle production areas in the country as of March 1st. Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
USDA-NRCS Investing in Partner-Driven Conservation on Ag and Forest Land
The USDA Natural Resources Conservation Service (NRCS) in Florida and Georgia reminds conservation partners that up to $225 million in funding is being made available through the Regional Conservation Partnership Program (RCPP). The partner-driven program leverages collective resources to find solutions to address natural resource challenges on agricultural land. This year’s funding announcement includes opportunities for projects that address climate change, benefit …
USDA Providing Disaster Assistance
USDA provided an update on upcoming disaster assistance during last week’s Cattle Industry Convention. The assistance is for agricultural producers impacted by weather-related disasters in 2020 and 2021. While speaking at the annual event Under Secretary for Farm Production and Conservation, Robert Bonnie, said “Over the past two years, as agricultural producers have struggled with the ongoing impacts of the COVID-19 pandemic, many have …