We have relocated our Pampa TX Branch Office to 1224 N. Hobart, Suite 104. We welcome you to stop by anytime for a visit with Gary Sutherland or call Gary at 806-662-6949 for all your farm and ranch real estate needs in the Pampa, TX, Eastern Texas Panhandle area.
George Clift, ALC, owner of Clift Land Brokers, and Gary Sutherland, Associate Broker of Pampa, were in the area on Friday handing out checks to Miami and Canadian schools. Several months ago, Clift Land Brokers was hired by Salem Abraham to sell the 12,160 acre Christie Ranch in Roberts County. Earlier this month, that ranch was sold to Travis and Kylee Chester.
“George and Gary did a great job selling the ranch” commented Salem Abraham, “and I think we all had fun working together.” George Clift said, ”After closing the ranch deal, Gary and I wanted to do something to give back to this area where the ranch was located. We feel it is important to help educate the next generation of leaders who will be in charge of agriculture in this area. This is a way we can help. We also enjoyed working with Salem and we know he and Ruth Ann share our concern for helping kids.”
A check in the amount of $4,000 was presented to the Miami High School FFA program. Two checks in the amount of $3,000 each were presented to the Canadian High School FFA program and to the Canadian High School FCCLA program.
Abraham said, “I think it is great that Clift Land Brokers helps out in the communities where they work. So often, we all see companies come to our community to make money, but they take the money they make here and give their donations back home. George and Gary recognize that our kids out here matter too, and I really appreciate that mindset.”
March 18, 2019 (Amarillo TX) – George Clift, ALC of Amarillo, TX, Sheldon Snyder, ALC of Dalhart, TX, Eric Turpen of Littlefield, TX, and Greg Good of Perryton, TX were recognized as a part of the 2018 APEX Producers Club by the Realtors® Land Institute at the RLI APEX Production Awards Program, sponsored by The Land Report. These agents were recognized by RLI CEO Aubrie Kobernus, as well as The Land Report’s Co-founders Eddie Lee Rider Jr. and Eric O’Keefe, at a special awards ceremony on Tuesday, March 5, during RLI’s 2019 National Land Conference (NLC19) in Albuquerque, NM. In addition to the Top Producer Club, Sheldon Snyder, ALC was also recognized as a member of the 2018 Top 20 National Producers with over $37M in sales in 2018. READ PRESS RELEASE
Pictured from left to right: Eric Turpen, Sheldon Snyder, ALC, George Clift, ALC, Jeff Moon, ALC (AgWest Land Brokers) and Greg Good
We lose three acres of farmland in the United States every minute. You read that right. Three acres every sixty seconds. This wakeup call comes courtesy of John Piotti, President of American Farmland Trust (AFT), who spoke about conservation and Farmland at the 2019 Trust in Food Symposium Jan. 15 and 16 in Chicago. “Over the last 20 years, we’ve lost 31 million acres of farmland—that’s equivalent to all the farmland in Iowa. That’s over 1.5 million acres a year, or three acres every minute,” Piotti says. READ ARTICLE
Agricultural Land Values Highlights
The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,140 per acre for 2018, up $60 per acre (1.9 percent) from 2017 values. Regional changes in the average value of farm real estate ranged from an 8.3 percent increase in the Southern Plains region (includes Texas (9.1% increase) and Oklahoma (5.3% increase) to 1.4 percent decrease in the Northern Plains region. The highest farm real estate values were in the Corn Belt region at $6,430 per acre. The Mountain region had the lowest farm real estate value at $1,140 per acre.
This report from the USDA is a 22 page report. Read the full report here.
We received the press release from the WRCA announcing their new agreement with the City of Amarillo to keep the 2019 and 2020 World Championship Ranch Rodeo at the Civic Center in Amarillo. We are a proud sponsor of this event each year and encourage you to come out to see us this year November 8-11, 2018. Read the press release here.
Land Transition Can Lead to Unintended Consequences
by Allan Vyhnalek, University of Nebraska Extensions
Grandpa and Grandma farmed. They retired. They had two irrigated quarters. They had two sons who had started farming operations themselves. So, their transition plan was to give a quarter to each of the sons at their passing. Grandpa passed away, followed by the Grandmother about a year or so later. The lawyer handling the estate was not given specific instructions about the transfer of the quarters. He just put number one and number two in a hat, the sons drew a number.
Then there were problems. Turns out that one quarter was nearly perfect. Good soil, highly productive, and had a good well. The second quarter was sandy, alkali spots, significantly less productive and had a well that was in trouble, actually sucked air at times. There was a huge argument about being fair. One son felt it was fair that each got a quarter. The son who got quarter two didn’t feel like he was treated equitably at all. See Entire Article
A new window has opened for sign-up for the Conservation Reserve Program (CRP). USDA will resume allowing continuous CRP sign-ups from June 4 through August 17.
According to USDA, producers with contracts that will mature Sept. 30 and have a contract term of 14 years or less will also be able to enroll for a one-year extension during the same sign-up period. However, producers with contracts that would breach the 15-year limit with a one-year extension are not eligible.
According to Pro Farmer’s Jim Wiesemeyer, USDA has not allowed continuous sign-ups under CRP so far in fiscal year 2018 as it sought to keep CRP acres under the cap of 24 million acres.
Limited priority practices are available for continuous enrollment, including grassed waterways, filter strips, riparian buffers, wetland restoration and others, USDA says.
Current CRP enrollment is about 22.7 million acres. USDA has not published the number of acres in the CRP since September 2017 when there were 23.43 million acres enrolled in the program.
“There were 2.51 million acres scheduled to expire as of Sept. 30 while the FY 2017 continuous sign-up resulted in 1.185 million acres enrolled in the program with contracts to start Oct. 1, 2017,” Wiesemeyer says.
The CRP program has long been accused of inflating land prices. USDA plans to combat that with updated soil rental rates for annual rental payments and will not issue any incentive payments.
–Anna-Lisa Laca, Farm Journal, LandOwner Newsletter June 28, 2018