News Desk

Governors Announce Plan to Protect Lower Colorado River

May 22, 2023

A trio of governors announced a plan to protect the parched Lower Colorado River. Arizona Governor Katie Hobbs, California Governor Gavin Newsom, and Nevada Governor Joe Lombardo submitted their plan to Secretary of the Interior Deb Haaland and the Bureau of Reclamation on May 22. Their goal is to conserve 3 million acre-feet over the next three years. In return, they proposed that the federal government pay $1.2 billion to the municipalities, Native American tribes, and water districts for lower levels of water consumption. Lower Colorado River Basin Arizona, California, and Nevada are three of the seven Southwest states that

Arthur Blank Donates Record-Setting Conservation Easement

May 19, 2023

Arthur Blank is most widely known as the cofounder of Home Depot and owner of the Atlanta Falcons. However, he’s also a philanthropist whose Arthur M. Blank Family Foundation has donated more than $1 billion since its inception in 1995, including more than $28 million in grants to community organizations in Montana. On April 19, 2023, Blank signed off on the largest conservation easement to date in Paradise Valley just north of Yellowstone National Park in Southwest Montana. Established in partnership with the Gallatin Valley Land Trust (GVLT), this easement will permanently protect his 8,800-acre Paradise Valley Ranch by limiting

Farmland Partners Nets 24% Gain

May 15, 2023

Farmland Partners Inc. (FPI) announced the sale of 2,426 acres of farmland in Nebraska and South Carolina to the tenants currently renting the properties. The combined transactions totaled $16.2 million. Together, the two sales represented a gain of more than $3.1 million. According to Farmland Partners, this equated to approximately 24 percent over net book value. The transactions were announced on May 15. Farmland Partners The nation’s largest publicly traded farmland real estate investment trust (REIT), Farmland Partners purchases, leases, and manages high-quality farmland throughout North America. It trades on the New York Stock Exchange. In 2022, the company invested

Farmland Values Increase 10 Percent in Seventh District

May 12, 2023

The Federal Reserve Bank of Chicago reported a 10 percent increase in farmland values for the first quarter of 2023. The uptick marked the eighth consecutive quarter of double-digit year-over-year growth. Current Farmland Values “Farmland values in the first quarter of 2023 moved up again, 10 percent from a year ago and 2 percent from a quarter ago, so maybe not quite as strong a performance as in the previous seven quarters, but certainly still a double-digit increase for the year-over-year value that shows there’s continued strength in farmland values,” said David Oppedahl, a policy advisor at Chicago Fed. Indiana

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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

Colorado’s Dunham Ranches Conserved

February 8, 2023

The Colorado Cattlemen’s Agricultural Land Trust (CCALT) recently announced a partnership with the Dunham family to permanently preserve Dunham Ranches, a 1,581-acre property near Meeker flanked by the White River and Coal Creek. Two newly enacted conservation easements, announced in January, ensure that the Dunham Ranches will permanently remain open and productive –

Sold! Roper Island

February 7, 2023

Roper Island, an 8,263-acre wilderness tract near the North Carolina coast, sold in January for $1.4 million, or roughly $169 per acre. Aaron Sutton, managing broker at National Land Realty, closed the sale of the remote Hyde County property near the state’s eastern shore. Unique, Undeveloped Tract Surrounded by 23 miles of water

Jimmy John Shares Recipe for Success

February 5, 2023

Jimmy John Liautaud — founder and of the Jimmy John’s Sandwiches — took the stage at Land Expo 2023 to share reflections on his success as a restauranteur, landowner, investor, and vineyard proprietor. Across four decades of entrepreneurship, Liautaud’s accomplishments can be traced directly to his willingness to work hard — and to

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