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Please click HERE for GFM’s Fall Newsletter. The newsletter covers Lease Dates, Farmland Leasing, and USDA Farm Real Estate Values. Below you will find the latest blogs, featured articles, and real estate for sale.
GFM has added an appraisal and valuation division. The appraisal division’s focus is agricultural, rural, and transitional properties. GFM is proud to have Houston M. Matthews heading up the appraisal division. His focus area will be:
On August 17th Steve Atwill and GFM auctioned 658 acres in Dunklin County, MO. The acreage was in 8 different tracts with varying characteristics. Twenty seven bidders from multiple states registered. The farm sold to 5 different bidders for an average price of $5,198/acre. The following describes the tract characteristics and how the auction transpired.
The National Agricultural Statistical Service (NASS) released their annual Land Value report which showed the US farm real estate value decreased 0.3% over 2015. In the Delta States, cropland values increased from a year ago. Arkansas irrigated increased 3.2% to $3,200/ac and non-irrigated cropland values increased 2.6% to $1,950/acre. Louisiana irrigated cropland values increased 6.3% to $2,550/ac while non-irrigated cropland values increased 4.7% to $2,650/ac. Mississippi irrigated cropland values increased 4.0% to $3,150/ac while non-irrigated cropland values incr
I recently returned from a working visit of Cuba with Representatives Rick Crawford of Arkansas and Ralph Abraham of Louisiana. They were kind enough to invite me along with other Arkansas and Louisiana farmers and industry representatives on this trip. Representative Crawford is working on legislation to improve trade with Cuba. The purpose of the trip was to learn more about the potential for trade, limitations in place by both countries, and if there is real interest from the Cuba people.
GFM’s 2016 Spring Newsletter can be read HERE. The newsletter covers farm size, Federal Reserve’s impact on farm income, and TPP and Trade. Below you will find latest blogs, featured articles, and real estate for sale.