Commodities

Developments in 2016 Texas Land Markets

Clift Land Brokers was well represented at the 27th Annual Outlook for Texas Land Markets in San Antonio in April. As usual, a lot of great information came out of this conference. One highlight was the presentation by Dr. Charles E. Gilliland,  PhD, Research Economist for Texas A & M University Real Estate Center on Texas Land Values. Click here for a copy of that presentation.  While 2017 1st quarter land values were up statewide 1.8% over 2016 4th quarter, and while other regions showed an increase, Region 1 – TX Panhandle and South Plains Region was down 3.4% over …

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USDA Extends Dairy Margin Protection Program Deadline

09/22/2015 10:12 AM EDT    Release No. 0263.15 USDA Extends Dairy Margin Protection Program Deadline WASHINGTON, Sept. 22, 2015 – Agriculture Secretary Tom Vilsack today announced that the deadline to enroll for the dairy Margin Protection Program for coverage in 2016 has been extended until Nov. 20, 2015. The voluntary program, established by the 2014 Farm Bill, provides financial assistance to participating farmers when the margin – the difference between the price of milk and feed costs – falls below the coverage level selected by the farmer. “The fall harvest is a busy time of the year for agriculture, so …

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Interesting Topics in Agriculture

Interesting Topics in Agriculture Flake, McCain introduce bill to help reduce wildfire risk U.S. senators Jeff Flake and John McCain, both Arizona Republicans, have introduced a bill that would reduce the risk of catastrophic wildfires.Legal scholars predict Utah land transfer takes the public out of public lands Acquiring title to 31 million acres of public lands could lead to less public access, less public involvement in land-use decisions and perhaps a better chance that imperiled plants and animals win federal protection under the Endangered Species Act. Using drones to sell homes — except in Washington Douglas Trudeau wanted to do things …

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Extension on Farm Program Deadlines

Extension on Farm Program Deadlines Agriculture Secretary Tom Vilsack announced today that a one-time extension will be provided to producers for the new safety-net programs established by the 2014 Farm Bill, known as Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC).  The final day to update yield history or reallocate base acres has been extended one additional month, from Feb. 27, 2015 until March 31, 2015.  The final day for farm owners and producers to choose ARC or PLC coverage also remains March 31, 2015. If no changes are made to yield history or base acres by March 31, …

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CBO Releases Updated Baseline Report

CBO Releases Updated Baseline Report.  The Congressional Budget Office just released their updated baseline report for farm programs.  Click here to see the report.

Evaluating Commodity Program Choices in the New Farm Bill

February 11, 2014 By:  University News Release By: Jonathan Coppess, University of Illinois The new farm bill has revised the farm safety net, requiring farmers and landowners to sort through a series of decisions. Here, we provide initial analysis and information on the choices in the new farm safety net for the 2014 crop year.  Read more here