EPA Raises Renewable Fuel Requirements

EPA Raises Renewable Fuel Requirements Agriculture, ethanol industry welcome certainty of final rule, but say required volume is too low. After years of delays, EPA on Monday finally released the renewable fuel standards for 2014, 2015, and most importantly, 2016. The rule calls for a total of 18.11 billion gallons of renewable fuel in 2016, with targeted growth expected in categories such as: cellulosic biofuel (230 million gallons in 2016). biomass-based diesel (1.9 billion gallons in 2016 and 2 billion gallons in 2017). advanced biofuel (3.16 billion gallons in 2016). READ MORE AgWeb.com

New Dairy Facility for Littlefield Texas

New Dairy Facility for Littlefield Texas Note: Eric Turpen is an Associate Broker with Clift Land Brokers. He manages our Littlefield, TX branch office and is currently serving as the Mayor of Littlefield. Eric was instrumental in bringing the new Select Milk Producers facility to his community. LITTLEFIELD – Select Milk Producers will eventually bring about 150 jobs to this economically-recovering Lamb County town, company representatives said Friday morning. The Artesia, New Mexico-based dairy foods company has invested $250 million to upgrade and expand the facility just east of town that until January housed the American Cotton Growers denim mill. It’s aiming at …

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Wall St Investors Buying Up Farmland

Wall St Investors Buying Up Farmland WASHINGTON – For farmers gearing up to harvest millions of acres of land this fall in the face of low commodity prices, the rows or corn, soybeans and other crops have long been viewed as key to their survival. But increasingly those same acres are drawing the attention of Wall Street investors looking to tap into those fields for profit. Investors have turned to farmland as part of a sweeping push into physical assets — everything from lumber, hotels and apartments to parking meters, bridges and highways. Farmland is becoming particularly attractive as the …

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Farmland Index Returns 2.08 Percent in the First Quarter

Farmland Index Returns 2.08 Percent in the First Quarter…Colvin & Co. LLP Farmland Forecast The National Council of Real Estate Investment Fiduciaries (NCREIF) Farmland Index posted 2.08% total returns for the first quarter of 2015, which include 1.26% appreciation and 0.82% income return. The Farmland in the United States includes both annual and permanent cropland, according to the NCREIF. Farmland Index: annual and permanent cropland returns Permanent cropland generated the strongest results with 3.64% of total returns during the first quarter, the highest recorded QI performance since 2006. Permanent cropland is used for cultivating crops for long periods. The crops …

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Outlook for Texas Land Markets

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

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    

House Committee Passes Bill to Repeal Death Tax

House Committee Passes Bill to Repeal Death Tax Source:  Western Livestock Journal  A divided House panel passed a bill March 25 that would repeal the federal estate tax-the “Death Tax.” The House Ways and Means Committee voted 22-10 to approve H.R. 1105, the Death Tax Repeal Act of 2015, introduced by Representatives Kevin Brady (R-TX) and Sanford Bishop (D-GA), sending it to the full House. Continue Reading…  

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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