Sold! Nebraska’s Circle Cross Ranch

Update 12/2011

Forty-three minutes into the auction, the entire Circle Cross Ranch in Valentine, Nebraska sold for $11.75 million. The winning bidders, cattlemen Danny Weinreis of Minatare, Neb., and Gene Weinreis of Golva, N.D., along with their brothers, plan to continue operating Circle Cross as a cattle ranch. According to Danny Weinreis, “It’s really great cattle country here. We’re cow-calf operators. That’s what we’re looking for: a good feed base and a place to run mother cows.”

Auctioned by Hall and Hall, the auction attracted some of Cherry County’s largest landowners and about 30 bidders from across the country.

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Nestled in the Sandhills region of Northwestern Nebraska lies the spectacular 40,520± acre Circle Cross Ranch. Tucked in against the Niobrara National Scenic River, the Circle Cross  is located about 20 minutes southwest of the Nebraska town of Valentine. The Circle Cross includes 12,020± deeded acres, a 16,500± acre permit in the McKelvie National Forest, 3,400± acres of private and state lease,  and some 8,600± acres of additional private leases.

The ranch is irrigated by several wells on the property as well as pumps drawing water from the Niobrara. Approximately 1,100 acres of the ranch are irrigated through 7 pivot irrigation systems. The water is of excellent quality and abundant. Several stock tanks and ponds also dot the landscape around the ranch.

Cattle thrive on the Circle Cross’s vast grasslands and prairies. In addition, hay, corn, and other crops can be easily grown thanks to the well-developed irrigation system on the property.

Driving through the ranch you’ll find open plains, rugged terrain, and scenic trails following the river and through its many wooded areas. The land use permits on the adjacent Samuel R. McKelvie National Forest add additional grazing and recreational opportunities.

The Circle Cross is an ideal setting for operating a cattle operation, for crop production, or for a country gentlemen’s ranch and getaway.

Date: 10:00 a.m. Central Time, December 2, 2011

Location: Valentine, Nebraska

For more information or to receive a detailed brochure:
Hall and Hall Auctions
(800) 829-8747
www.HallandHall.com 

America’s Top Brokerages and Auction Houses: Farmers National Company

Farmers National Company was begun in 1929—historically not a banner year for starting new businesses, but over 80 years have passed and the company is thriving. Originally, the company’s core business was farm management, and today it’s the largest, fastest-growing and most successful farm management company in the U.S. The full-service real estate company offers traditional listing services as well as auction services.

Where: Headquartered in Omaha, Nebraska. Operates in 23 states, covering a wide swath of the middle of the country. Its newest office was just added in Washington state.

Why: “We completed nearly 200 successful auctions of over 41,000 acres in 2010,” say Lee Vermeer, VP of Real Estate Operations. The sheer reach of Farmers and impressive closed sale numbers are overwhelming.

Wow: “Farmers National Company has sold over 2,600 farms and ranches and completed 750 successful auctions, resulting in over $1.25 billion in sales in the last four years,” says Vermeer. “We have over 200 licensed agents, all of whom can offer full auction services.”

Farmers National Company
$135 million (2010 auction revenues)
www.farmersnational.com

Nebraska Governor to Address Wind Conference

Gov. Dave Heineman is slated as one of the keynote speakers next month at the Nebraska Wind Power 2009 Conference. Scheduled for Nov. 9-10 in Kearney, the conference will feature nationally known experts on wind and wind power and focus on numerous issues of vital interest to landowners seeking to capitalize on this opportunity to generate revenues from renewable energy.

According to the National Renewable Energy Laboratory, wind energy is one of the fastest-growing forms of electricity generation in the world. The United States can currently generate more than 25,000 megawatts (MW) of electricity from the wind, which is enough to power about 7 million average American homes. Industry experts predict that, with proper development, wind energy could provide 20 percent of U.S. energy needs.

For more information on the Nebraska Wind Power 2009 Conference, read HERE.

Sold! Osborne Cattle Company in the Nebraska Sandhills

Hall & Hall’s Denver office just closed on Nebraska’s Osborne Cattle Company. Located outside of Paxton in Keith and Lincoln Counties, the 20,452± deeded acres feature 2½ miles of North Platte River frontage and can run 2,000 mother cows. The ranch had been on the market for approximately 10 months with the price reduced to $11.5 million ($562 per acre). The brokerage would not confirm final sales numbers, but according to Tom Metzger at Hall & Hall, the cow/calf operation was sold to an in-state cattle operator. “Good Sandhills ranches are always in demand,” Metzger said.