Phyllis Riley Cash Rents are always an important part of the ROI puzzle. Here is an article from agrilife.org that came out on September 12, 2022 which includes links to specific region and county data. READ ARTICLE Texas counties data
The agriculture sector of the U.S. economy appears poised for another strong year in 2022 amidst the backdrop of continued healthy overall economic growth. MetLife Investment Management (MIM) forecasts continued broad economic expansion, although there are lingering concerns regarding elevated inflation levels. Growth in spending on goods during the pandemic and sustained demand for food, fuel, and fiber have pushed agricultural commodity prices up and raised net farm incomes to levels not seen since 2013. Even if interest rates move from historic lows next year in response to elevated inflation, we believe the strong Ag economy is likely to persist, …
by Mike Downey https://www.farmprogress.com/commentary/yes-you-can-buy-farmland-your-ira Most people I work with own farmland, and many of them also own some type of retirement IRA. In transition planning, there is also a financial component to review what the income sources are during retirement. There is no doubt retirement funds invested in the stock market have performed very well over the last decade. However, as retirement nears the mindset about the stock market often changes and causes some to question whether there are other investment alternatives available for their funds. ‘I wish I could buy a farm with my IRA’This is a common expression …
Seven Clift Land Broker Agents have been recognized as a part of the 2020 APEX Producers Club by the Realtors® Land Institute as a part of the RLI APEX Production Awards Program, sponsored by The Land Report. George Clift, ALC, Sheldon Snyder, ALC, Greg Good, ALC, Hadley Perkins, Brady Cowan, Bryan Clift, and Eric Turpen were each recognized by RLI CEO Aubrie Kobernus as well as The Land Report’s Co-founder Eric O’Keefe at a special awards ceremony on Wednesday, March 17, during RLI’s 2021 Virtual National Land Conference. “I am really proud of all our men who qualified for the …
Realtor Land Institute Land Blog…August 26, 2020. The idea of owning your own rural property is an appealing one, and can seem like the process can be fairly simple. But if you’re buying land, especially as first-time recreational land buyers, there are several conditions and circumstances you’ll want to be aware of so that you can make an informed decision and avoid costly mistakes. Considerations Before Purchasing LandWhat Are Your Needs From The Property?The first thing you want to decide as first-time recreational land buyers is what type of property you want and how you intend to use it. There …
FOR IMMEDIATE RELEASE – December 8, 2020 On Tuesday, December 8th, Clift Land Auctions had another successful auction day in Dalhart, Texas. Up for sale was the Hartley County – Smith Farm totaling 1,282 +/- acres and five tracts of Ag Producers Co-op property on N. US Hwy 87. Both of these properties offered online bidding on the Clift Land Auctions website, as well as bidding from the floor. The room was full and there was a total of 27 people registered to bid at these auctions. Interested parties came from the Dalhart area, throughout the Oklahoma and Texas Panhandles, …
Texas Reservoir Levels In Decline – The Trend Will Continue, by Andrew Owen Kansas City, July 9 (World Weather Inc.) – Western and southern Texas water storage is in decline over that of last year and the region will continue to deal with hot, dry, weather for the next few weeks resulting in a further decline. Some areas in western and southern Texas have been experiencing a fall in soil moisture and water supply since last autumn. Dryland production has been cut for many areas, but irrigated agriculture has been experiencing ongoing favorable conditions. Water levels will continue to steadily …
April 2, 2020 (Amarillo TX) – George Clift, ALC of Amarillo, TX, Greg Good, ALC of Perryton, TX, and Hadley Perkins of Amarillo, TX were recognized as a part of the 2019 APEX Producers Club by the Realtors® Land Institute at the RLI APEX Production Awards Program, sponsored by The Land Report. These agents were recognized by RLI CEO Aubrie Kobernus, as well as The Land Report’s Co-founders Eddie Lee Rider Jr. and Eric O’Keefe, at a special awards ceremony on Monday, March 30th, during RLI’s 2020 National Land Conference (NLC20). “We are proud of these Clift Land Brokers associates, …
We have relocated our Pampa TX Branch Office to 1224 N. Hobart, Suite 104. We welcome you to stop by anytime for a visit with Gary Sutherland or call Gary at 806-662-6949 for all your farm and ranch real estate needs in the Pampa, TX, Eastern Texas Panhandle area.
George Clift, ALC, owner of Clift Land Brokers, and Gary Sutherland, Associate Broker of Pampa, were in the area on Friday handing out checks to Miami and Canadian schools. Several months ago, Clift Land Brokers was hired by Salem Abraham to sell the 12,160 acre Christie Ranch in Roberts County. Earlier this month, that ranch was sold to Travis and Kylee Chester. “George and Gary did a great job selling the ranch” commented Salem Abraham, “and I think we all had fun working together.” George Clift said, ”After closing the ranch deal, Gary and I wanted to do something to …