Clift Land Auctions Gets $1.7 M for OK Panhandle Farm

Clift Land Auctions Gets $1.7 M for OK Panhandle Farm On Thursday, May 28th, Clift Land Auctions held a land auction in Boise City, OK.  Up for sale in three individual tracts was 1,281 acres of Oklahoma Panhandle irrigated farmland.  “While most of the interest in this farm came from the Boise City and Felt, OK area, we had interest as far away as Amarillo, TX and Cheyenne Wells, CO,” commented George Clift, owner of Clift Land Auctions and Clift Land Brokers in Amarillo, Texas. While eleven people registered to bid at this auction, most of the competition for this …

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Midwest Farmland Values Improve

Midwest Farmland Values Improve according to Colvin & Co. LLP Farmland Forecast May Newsletter. Farmland values in the upper Midwest increased 100 basis points during the first quarter of 2015, after declining over the past six months. Farmland values from the first quarter of 2014 were unchanged due to the large decline in grain prices over the past year. Credit conditions continued to send mixed signals at a time when farmers are recovering from a decline in farm income. Read the entire article here.