You’ve just inherited land—now what? First, you need to establish the basis of the property, or the investment value of the asset.
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Locally grown rice is not only an important pillar of southern agriculture—it’s also integral to land conservation and farm sustainability.
The overall theme of the 2017 ag census appears to be fewer farms, older farmers.
The morning session of the 25th Agribusiness Conference, held on Feb. 13 at Arkansas State University, featured Glaub Farm Management’s own Ted Glaub.
The 2017 Tax Cuts and Jobs Act established Qualified Opportunity Zones (QOZ) to encourage development and job growth in economically-distressed communities across the U.S. Many of these zones are located in the Mid-South and provide an opportunity to invest in real estate, including agricultural real estate.
The USDA measures net farm income, which is a broad measure of profits for the farm economy and includes cash receipts, inventory changes, economic depreciation and gross imputed rental income of operator dwellings.
On Dec. 20, 2018, President Trump signed into law the Agriculture Improvement Act of 2018.
(Jonesboro, AR, February 26, 2019) A comprehensive look at farmland values and agricultural property lease rates is now available through members of the Mid-South Chapter of the American Society of Farm Managers and Rural Appraisers.