Drought Conditions Improve across the US. In our region, we have had a lot of much needed rain and that trend continues at least for the time being. Here is the latest map from the National Drought Center. Less “red” is always good news. Read the complete article from the Drought Monitor US Drought Monitor Report.
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.
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 …