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posted on Mar 4, 2016

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.


posted on Jan 14, 2016
JONESBORO – Arkansas State University’s annual Agribusiness Conference, now in its 22nd year, is continuing its tradition of timely information and education outreach to farmers and agribusiness professionals and educators across the Mid-South.
This year’s conference, on Wednesday, Feb. 10, will focus on the agricultural economy, environmental law and regulation, business transition planning, trade policy and the commodity market outlook. On-site registration will begin at 7:45 a.m. in A-State’s Fowler Center.
posted on Dec 10, 2015

The UA Cooperative Extension Service recently released their 2016 crop enterprise budgets. The budgets present the return before land, management, and overhead expenses are accounted. Rice, Corn, Peanut, Sorghum, Soybean, and Cotton are in order from most to least profitable according to the 2016 surface irrigation budgets.

posted on Nov 30, 2015

A few weeks ago Ted Glaub and I attended the American Society of Farm Managers and Rural Appraisers meeting in San Antonio, TX.  The annual conference is always an enjoyable event to visit with other rural property professionals and learn the latest trends in agriculture and agricultural asset management.

Some highlights from the meeting are as follows:

posted on Nov 10, 2015

The USDA has released ARC-CO payment information per crop and county.  If a payment is triggered in a specific county and specific crop then the calculated per base acre payment will be used to calculate a farm’s actual payment by multiplying 85% of the farm’s crop base acres for the specific crop by the per acre payment calculated by USDA.  That value will be reduced by 6.8% for the federal budget sequestration.

posted on Oct 20, 2015

During a House Agriculture hearing earlier this month, Secretary Vilsack stated that 2014 ARC and PLC payments will be reduced by 6.8%. When the 2015 LI group met with Secretary Vilsack in September he said he was in the process of negotiating the final sequester amount with the Office of Management and Budget. The reduction is a result of the 2011 Budget Act which requires an across the board sequestration of mandatory program spending. The crop insurance program is exempt from sequestration. Non-insured Crop Disaster Assistance Payments (NAP) will be reduced as well.

posted on Aug 10, 2015

The National Agricultural Statistical Service (NASS) released their annual Land Value report which showed the US farm real estate value increased 2.4% over 2014.  In the Delta States, cropland values also increased from a year ago.  Arkansas irrigated and non-irrigated cropland values increased 3.3% to $3,100/ac and $1,900/acre, respectively.  Louisiana irrigated cropland values increased 5.7% to $2,400/ac while non-irrigated cropland values increased 4.6% to $2,530/ac.  Mississippi irrigated cropland values increased 3.4% to $3,100/ac while non-irrigated cropland values

posted on Jul 21, 2015

Cash Rent Lease - This is an agreement where the tenant pays a given amount of cash rent per acre or a lump sum per season for the use of land.  Payment schedule may be made in a lump sum prior to planting, after harvesting, or any other negotiated schedule.  Under a cash rent lease, the tenant pays all production costs while the landowner generally pays irrigation fixed costs from the gearhead and below.

posted on Jul 15, 2015

At a recent meeting one of the topics covered were environmental regulations of agriculture.  Currently the Clean Water Act, Resource Conservation Recovery Act, and the Endangered Species Act are the primary laws impacting agricultue.

posted on Jul 2, 2015

On June 24-26, 2015 the Mid South Chapter of the ASFMRA held their annual meeting.  This year four appraisers, who are ASFMRA members, discussed land trends with the other members from Arkansas, Louisiana, Mississippi, and Tennessee.  In Louisiana land prices are stable since last year.  Sales transactions have slowed but there is still investors buying in the northern part of the state.  In Mississippi land prices are stable but there is more variation within the same type of land than with other types of land.  In western Tennessee land prices are on average up 1.

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