Farms

Yes you can buy farmland with your ira

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 …

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Pampa Branch Office Relocated

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.

Our Incredible Vanishing Farmland

https://www.drovers.com/article/our-incredible-vanishing-farmland We lose three acres of farmland in the United States every minute. You read that right. Three acres every sixty seconds. This wakeup call comes courtesy of John Piotti, President of American Farmland Trust (AFT), who spoke about conservation and Farmland at the 2019 Trust in Food Symposium Jan. 15 and 16 in Chicago. “Over the last 20 years, we’ve lost 31 million acres of farmland—that’s equivalent to all the farmland in Iowa. That’s over 1.5 million acres a year, or three acres every minute,” Piotti says. READ ARTICLE

Land Broker Cooperative Announces Launch of Innovative Website

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  

2018 USDA Land Value Report

Agricultural Land Values Highlights The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,140 per acre for 2018, up $60 per acre (1.9 percent) from 2017 values. Regional changes in the average value of farm real estate ranged from an 8.3 percent increase in the Southern Plains region (includes Texas (9.1% increase) and Oklahoma (5.3% increase) to 1.4 percent decrease in the Northern Plains region. The highest farm real estate values were in the Corn Belt region at $6,430 per acre. The Mountain region had the lowest farm real …

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What the New Tax Law Means for Agriculture

New article May 16, 2018 by Farm Credit Bank of Texas (land.com) The largest overhaul of the U.S. tax code in three decades went into effect this year, impacting farmers, ranchers and other rural landowners in a variety of ways. For the most part, financial experts anticipate benefits for these groups. “The 2018 tax law changes include several items that I feel will be beneficial to agricultural producers,” says Burl Lowery, a Brownwood, Texas, certified public accountant and director of Central Texas Farm Credit. “The increase in the exemption in estate and generation-skipping taxes to $11.2 million in 2018 will …

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Investing in Land for Retirement

March 8, 2018 Realtors Land Institute Choosing how to save for retirement can be a decision that takes years. After all, that’s the money that you’ll be living on during your golden years. Most people stick to 401ks and stocks, but what many people don’t know is that you can invest in land real estate to save for retirement. Investing in land real estate can be a great way to save money long-term, but with any investment, you need to know what type of land to invest in, what sort of returns you can expect, and what to avoid when …

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Questions and Answers with George Clift, ALC

George Clift was recently interviewed for a question & answer article in the January 18, 2018 issue of the Farm Journal LandOwner Newsletter.  See the article here. There are other articles about the New Tax Bill and Farmland Values you may also find interesting.  Click here to read the entire newsletter.

Texas Bankers Speak Up on Land Values

Agricultural Survey…Quarterly Survey of Agricultural Credit Conditions in the Eleventh Federal Reserve District. The Eleventh Federal Reserve District consists of Texas, northern Louisiana, and southern New Mexico. The survey shows, dryland and ranchland values both increasing while irrigated land values dropped. See the entire report here.

Crop Insurance Priority 1

Crop Insurance: Priority #1, by Agri-Pulse Communications No matter who wins this November’s presidential election, one of the first items facing a new Secretary of Agriculture will be developing a 2018 farm bill, a process sure to begin early in 2017. As we start that effort, it is worth noting that for all its rich diversity, American agriculture seems to be united behind a few large overarching issues: coordinated and scientific regulatory policy by EPA, FDA, and USDA; healthy trade promotion; biotechnology; and farm labor issues, including immigration. READ ENTIRE ARTICLE