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Farmland

Corn Belt Ag Values Edge Slightly Higher in 2017


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The Chicago Fed reports that a three-year slide in farmland values in the Seventh Federal Reserve District has come to an end. According to senior business economist David Oppedahl, an annual increase of 1 percent in nominal terms was recorded for 2017. After adjusting for inflation, however, the Seventh District actually experienced an annual decrease of 1 percent in farmland values last year. Although the real decline was the fourth in a row for district farmland values, it still has several years to go before it equals the rough patch in the 1980s when seven consecutive years of real declines were registered.
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The Land Report Fall 2013

With 2.2 million acres, John Malone takes top honors for the third consecutive year. His love of land, coupled with his wife’s love of horses, led to several key acquisitions, including a historic Irish castle just south of Dublin and two properties in Wellington, the epicenter of Florida’s equestrian community.
At more than 2 million acres, Ted Turner runs a close second to his good friend. Turner enjoys the distinction of being New Mexico’s largest landowner, and he capitalized on that honor by acquiring the historic Sierra Grande Lodge and Spa in Truth or Consequences. Guests at the Lodge will be able to enjoy tours of Turner’s 156,439-acre Ladder Ranch and his 362,885-acre Armendaris Ranch.
Thanks to his acquisition of the Broken O Ranch, Denver Nuggets owner Stan Kroenke moved up from No. 10 on last year’s list to No. 8 in the rankings. Among the newcomers to this year’s list are Texas’s Wilks Brothers, founders of Frac Tech. Their prized jewel is Montana’s 60,000-acre N Bar Ranch, which they acquired from former Land Report 100er Tom Siebel, founder of Siebel Systems. Another new name on the list is Arthur Nicholas, who serves on the board of the National Cowboy & Western Heritage Museum. Nicholas is the owner of Wyoming’s historic Wagonhound Land and Livestock Co., which is the subject of a new book by Land Reporters Wyman Meinzer and Henry Chappell.
We invite you to be among the first to view the complete rundown of America’s top landowners, which is available exclusively on the Fay Ranches website. Click here to download your PDF today.

Landowners

Ted Turner Expeditions Takes Off

Text by Lisa Martin | Photography Courtesy of Turner Ranches America’s visionary landowner launched yet …

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Sold! Tres Hermanos Ranch Sells for Less than Half of Appraised Value

The Orange County Register reports that the City of Industry paid $41.6 million for 2,500 …

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