Outlook for Texas Land Markets. It’s been a great conference in San Antonio this week. Currently, Joe Outlaw is discussing the changes to the Farm Bill. Six Clift Land Brokers representatives are here at the conference. Just another way for us to stay up on land issues and continue being the Land Experts. Why would you go any place else for your farm and ranch real estate needs?
Annual Land Report Dec 2014 by Mike Walsten, Editor, LandOwner Newsletter. Farmland demand cooled throughout 2014 as commodity prices continued their two-year-long decline into major lows this fall. The slide sliced farm incomes significantly. Forecasts call for additional declines in farm incomes in 2015, and possibly beyond. Read entire report here
Cash Rents Decline 5% for 2015, by Landowner Newsletter Vol 36, Issue 14 Cash rental rates across the Corn Belt declined about 3% to 7% for 2015, according t our spot check survey of more than 1,000 producers and landowners in early February. Talk of sharply lower cash rents dominated discussions at farm meetings, kitchen tables and lender offices this fall and early winter. And we’re well aware of anecdotal stories of cuts in rents of $50 to $100 an acre across the three “I” states. Those cuts came on high-end rents —generally rents of $350 and higher. But rents of $325 and lower tended to …