News Desk

680 Acres on the Ocmulgee River Conserved

March 10, 2023

The Georgia Department of Natural Resources recently announced the acquisition of a 680-acre recreational tract on the Ocmulgee River in Houston County. Tom Tuggle of Saunders Ralston Dantzler brokered the $1.8 million ($2,750 an acre) transaction. The Central Georgia property had been zoned for agriculture, but its size and adjacency to the Ocmulgee River made it an ideal candidate to be incorporated into the 13,450-acre Oaky Woods Wildlife Management Area. The land will be used for hunting, fishing, and other outdoor recreational activities. Conservation Partnership The land transaction was made possible with funds from the Georgia Department of Natural Resources and

Kansas Farmland Auction

March 6, 2023

Online bidding begins March 15 and runs through March 21 for more than 6,000 acres of Northern Kansas farmland. The Decatur County land, offered in seven, almost entirely contiguous tracts, includes 231 pivot-irrigated acres, 2,120 dryland acres, and 3,701 grass acres. Two buildings on the property are outfitted for machinery or product storage. AgWest Land Brokers is handling the online auction of the productive cropland farm and cattle ranch, which also has potential as a sports or hunting property. The property’s unnamed seller “has worked over 40 years to put this outstanding farm and ranch together,” said Jeff Moon, the

Indiana Farmland Sells for Nearly $20,000 Per Acre

March 3, 2023

Three adjacent tracts of Northeast Indiana farmland totaling 121 acres sold for $2.425 million ($19,984 per acre) during a January 30 auction conducted by Schrader Real Estate and Auction Company. The productive, tillable farm in Jackson Township, in Allen County, runs adjacent to Indiana State Route 101 and Edgerton Road and includes soils that are primarily Hoytville silty clay with pockets of Nappanee silt loam. Notable Farmland Sale The farm had previously been owned by the Delana Levy Limited Partnership and the Levy Family Trust. After attracting the attention of 25 bidders from Indiana and Ohio, the farm was purchased by

Land Prices Remain Strong

March 2, 2023

Dr. Bruce Sherrick, a professor of farmland economics and director of the TIAA Center for Farmland Research at the University of Illinois, shared insights on recent soaring agricultural land prices during a breakout session at the 2023 Land Investment Expo. The presentation highlighted several key insights from the National Land Values Report 2022, written by Sherrick and published by Peoples Company. Farmland Values Sherrick began his presentation by walking attendees through what he called a “remarkable rise” in per-acre prices for cropland in America between 2020 and 2022. To prove his point, Sherrick showed a US map with state-by-state per-acre

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Farmland Partners Names New CEO

March 1, 2023

Farmland Partners Inc. (FPI) recently named Luca Fabbri as its new president and CEO. Fabbri succeeds Paul Pittman, who will remain with the company as executive chairman of the board. Fabbri cofounded FPI as a public company with Pittman in 2014. He has served as the company’s chief financial officer and treasurer from its

Lost Marbles Ranch Conserved

February 27, 2023

The McBride family has partnered with Aspen Valley Land Trust to conserve the remaining portions of Lost Marbles Ranch in Western Colorado. The family has now donated the bulk of their nearly 2,000-acre ranch to the land trust through two conservation easements, one completed in 2019 and the second announced recently. Family History

Peter Zeihan Shares Geopolitical Forecast

February 24, 2023

During his recent appearance at the 2023 Land Investment Expo, geopolitical analyst Peter Ziehan guided attendees through a fast-paced tour of global dynamics, including current and future trends in demographics, labor supply, trade, and farming. Drawing on points echoed in his 2022 book, The End of the World Is Just the Beginning: Mapping

AcreTrader Revolutionizes Farmland Investing

February 22, 2023

Founded in 2018, AcreTrader is an online platform that offers innovative pathways to invest in farmland. “We believe buying and selling land should become common, transparent, and easy for farmers, for investors, for landowners, and for everyone else interested in land,” said CEO Carter Malloy. During a recent AcreTrader Annual Business Update Webinar

Jeremy Siegel Presents His 2023 Forecast

February 20, 2023

Jeremy Siegel said a recession this year is not inevitable — but only if the Federal Reserve pivots soon. Speaking at the 2023 Land Investment Expo in Des Moines, the professor emeritus of finance at the University of Pennsylvania’s Wharton School of Business did not mince words: He believes many of the Federal

Farmland Values Jump 12 Percent in Corn Belt

February 17, 2023

Farmland values rose 12 percent in 2022 in the Seventh Federal Reserve District, which encompasses all of Iowa and most of Illinois, Indiana, Michigan, and Wisconsin. The Federal Reserve Bank of Chicago reported the news in its February 2023 Ag Letter, noting the increase marks the second-largest farmland value spike for that district

Forest Service Burning More Than 110,000 Acres in Alabama

February 15, 2023

The Forest Service will conduct prescribed burns on 110,586 acres in Alabama’s national forests starting in February and continuing until August. The planned burns target timber tracts in Bankhead, Conecuh, Talladega and Tuskegee National Forests. Aimed at improving plant and animal habitats and overall tree health within national forestland, the prescribed burns also

Alaska: New Farming Frontier

February 13, 2023

Alaska Governor Mike Dunleavy joined Land Expo 2023 live via teleconference to share why, he believes, the time is right for agriculture development in The Last Frontier. “There’s tremendous opportunity in the State of Alaska, as far as I’m concerned,” Dunleavy said. Dispelling what he called a “myth that all we have in

Campbell Global Acquires 250,000 Acres of Southern Timberland

February 10, 2023

Campbell Global recently acquired more than 250,000 acres of high-quality timberland valued at more than $500 million in the Southeast. Sustainable Timberland Management The properties will be managed for both carbon capture and timber production to meet growing demand for sustainable building products and other uses, according to a J.P. Morgan Asset Management

Bidders Wanted: 260-Acre Los Angeles Landmark

February 9, 2023

March 15 is the deadline to submit bids on one of the last remaining large tracts of undeveloped land in Greater Los Angeles. Known as Senderos Canyon, the 260-acre parcel in Bel Air has been languishing on and off the market in one of La-La Land’s most exclusive neighborhoods at an ever lower

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