Warning: Undefined array key 0 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Warning: Undefined array key 1 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Warning: Undefined array key 0 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Warning: Undefined array key 1 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Warning: Undefined array key 0 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Warning: Undefined array key 1 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Warning: Undefined array key 0 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Warning: Undefined array key 1 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Farmland, News Desk

Drought Fails to Stem Rising Values

Drought Fails to Stem Rising Values

The Tenth District reported sizeable year-over-year gains
with irrigated cropland leading the way.
But nonirrigated and ranchland also gained ground.

Thanks to record crop insurance payouts, farming income in the Great Plains trumped drought conditions. The resulting rise in land values was not limited solely to “good” farmland. As the following chart indicates, dryland farms and ranches also saw substantial gains in value.
KansasCityFed2013Q4
Using responses from 232 banks, the Kansas City Fed presented its survey of Agricultural Credit Conditions covering the fourth quarter of 2012. A selection of observations by some of these bankers follows:
“Almost all recent auctions were sold to the largest farmers in the area wanting to get bigger. The buyers are strong, and most are cash sales.” — Northwest Missouri
Crop insurance checks are a big part of financial statements in this area.” — Northeast Nebraska
“Lenders are competing hard for good loans.” — Eastern Kansas
“Pasture conditions are very poor, and livestock producers will continue to struggle without significant rainfall.” — Southeast Colorado
“Many young farmers have difficulty purchasing real estate at these higher prices.” — Southeast Colorado
“This area continues to see the effects of the 2012 drought mainly in high prices for livestock forage.” — Central Wyoming
Read the complete report at www.KansasCityFed.org.
Download the digital version of The Land Report’s Spring 2013 magazine.

READ MORE

Warning: Undefined array key 0 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34

Warning: Undefined array key 1 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34
Please sign me up to receive breaking news and updates from The Land Report:
Print & Gift
Subscriptions Available

RELATED ARTICLES

Farmland

Land to Table: Montana’s Organic Dairy & Pork

Brought to Your Table by the Brown Family A van pulls up to Amaltheia Dairy. …

Marianne Eaves
News Desk

Sweetens Cove: Tennessee Tradition

Mark Rivers knows a thing or two about branding. At a recent sit-down with him …

Copyright © Land Report LLC. All rights reserved.

Contact to Listing Owner

Captcha Code