The Land Broker Co-Op has just launched an amazing website and we wanted to share their press release “The Land Broker Cooperative (the Co-Op) is pleased to announce the first website for land, farms and ranches for sale using a map-based view as the primary search functionality” : Read The Full Press Release Here
A new window has opened for sign-up for the Conservation Reserve Program (CRP). USDA will resume allowing continuous CRP sign-ups from June 4 through August 17. According to USDA, producers with contracts that will mature Sept. 30 and have a contract term of 14 years or less will also be able to enroll for a one-year extension during the same sign-up period. However, producers with contracts that would breach the 15-year limit with a one-year extension are not eligible. According to Pro Farmer’s Jim Wiesemeyer, USDA has not allowed continuous sign-ups under CRP so far in fiscal year 2018 as …
LandOwner Newsletter Vol 37 Issue 9 May 12, 2016 Texas Real Estate Attorney Hammers WOTUS Reg A court stay is the only wall standing between landowner property rights and a federal takeover of most of the nation’s land, says Judon Fambrough, an attorney with the Teal Estate Center at Texas A & M University. The result of the waters of the U.S. (WOTUS) regulation enacted by the Environmental Protection Agency (EPA) and Army Corps of Engineers (Corps) means “the Clean Water Act’s jurisdiction now extends well beyond the navigable waters of the U.S. to practically all waters if implemented,” says …
The most current general enrollment for the Conservation Reserve Program began December 1, 2015. Enrollment will run thru February 26, 2016. According to the USDA, “as of September, 2015. 24.2 million acres were enrolled in CRP. CRP is also protecting 170,000 stream miles with riparian forest and grass buffers, enough to go around the world 7 times.” Check out the USDA’s Celebrating 30 Years of the Conservation Reserve Program.
WASHINGTON, July 15, 2015 – Agriculture Secretary Tom Vilsack today announced that beginning Sept. 1, farmers and ranchers can apply for financial assistance to help conserve working grasslands, rangeland and pastureland while maintaining the areas as livestock grazing lands. The initiative is part of the voluntary Conservation Reserve Program (CRP), a federally funded program that for 30 years has assisted agricultural producers with the cost of restoring, enhancing and protecting certain grasses, shrubs and trees to improve water quality, prevent soil erosion and reduce loss of wildlife habitat. In return, the U.S. Department of Agriculture (USDA) provides participants with rental …
The USDA has a New CRP Website. Seems to be a well organized website for those familiar with the Conservation Reserve Program, as well as those who are not as familiar. If you have questions about this program, chances are you will find the answers here. Click here to go to the new website.
Farm Bill Allows Early Termination for Certain CRP Contracts USDA Texas Farm Service Agency (FSA) Executive Director, Judith A. Canales, reminds producers that as of Aug. 6, producers with acres under contract through the Conservation Reserve Program (CRP) can apply for early contract termination, as required by the 2014 Farm Bill. The deadline to request early CRP contract termination is Jan. 30, 2015. The effective date for early termination is no earlier than October 1, 2014. The CRP contract must been in effect for at least five years and other conditions must be met. The 2014 Farm Bill identifies 10 …
June 4, 2014 Press Release – USDA Farm Service Agency “Farmers, ranchers and landowners committed to protecting and conserving environmentally sensitive land may now sign up for the Conservation Reserve Program (CRP). Additionally, retiring farmers enrolled in CRP could receive incentives to transfer a portion of their land to beginning, disadvantaged or veteran farmers through the Transition Incentives Program (TIP).” See complete press release here. “CRP consists of a ‘continuous’ and ‘general’ sign-up period. Continuous sign up for the voluntary program starts June 9.” “The Transition Incentives Program provides two additional years of payments for retired farmers and ranchers who …
U. S. Tax Court says non-farmer Texas resident must pay self-employment tax on Conservation Reserve Program land inherited in South Dakota. A non-farmer’s Conservation Reserve Program income can be hit with self-employment tax, said U.S. Tax Court in a ruling last year, which involved a Texas resident who inherited farm land in South Dakota. “Since the late 1980s, the IRS and the courts have issued various rulings, advices, notices and opinions concerning the issue of whether CRP payments are subject to self-employment tax,” says Roger McEowen, Leonard Dolezal Professor of Agricultural Law at Iowa State University. “Until 2003, the IRS …