Farming

Sold! “Nicest Lakefront Property in East Tennessee”

Posted on April 24, 2009 by Land Report Editors

Update: According to Chip Miller of NAI Knoxville, the Fort Loudon Lake property sold Saturday morning for $26.5 million to Bryan Testerman of Testerman Construction. That’s $54,000 per acre. Additional details to follow. Original Post: Nearly 500 acres just outside…

Largest Drop in Rural Land Prices? The Ukraine!

Posted on April 16, 2009 by Land Report Editors

According to this ABC Australia report, land values around the world are plummeting. The hardest hit country? The Ukraine. The value of rural land in the Ukraine has plummeted a staggering 75 percent. The Australian news report indicates that the…

Tagged with: credit crisis, global recession, Grant Gannon, land values, Ukraine
Posted in Cattle, Developers, Farming, Feature, Grant Gannon, International

Florida: “It’s Almost Like a Fire Sale”

Posted on April 13, 2009 by Land Report Editors

A University of Florida study has put a staggering number on just how badly the economic crisis has impacted rural land values in the Sunshine State. The study concludes that land values plummeted upwards of 55 percent in 2008 from…

For Sale: Lance Armstrong’s Texas Ranch

Posted on April 6, 2009 by Land Report Editors

Apparently retirement was just too boring for Lance Armstrong. The seven-time Tour de France winner ended his hiatus from cycling earlier this year and is currently in training for a shot at his eighth Tour title later this year. (Although…

Billion-Dollar Everglades Sale Drastically Downsized

Posted on April 3, 2009 by Eric OKeefe

Florida’s ambitious Everglades restoration plan has been drastically scaled back, a victim of the economic recession. Originally slated to be a 187,000-acre, $1.75 billion deal when announced in June 2008, the deal has gone back to the drawing board on…

Sold! 1,789 Acres of Kansas Farmland for $765 Per Acre

Posted on March 5, 2009 by Eric OKeefe

Nebraska’s York College sold off a 1,789-acre bequest in Ellis County, Kansas. The college got $1.369 million ($765 per acre) at the January auction and retained the mineral rights.

Tagged with: Ellis County, Eric O'Keefe, Hays Wind, Iberdrola, Kansas, wind farm, York College
Posted in Auctions, Energy, Eric OKeefe, Farming, Feature, Great Plains, News Desk, Regional News, Topics

By the Numbers: Rancho Sisquoc

Posted on February 16, 2009 by Eric OKeefe

Only The Land Report can offer an exclusive look at this historic, 38,000-acre California landmark in the high mountains of Santa Barbara County as Land Report Editor Eric O’Keefe interviews Jim Flood.

Tagged with: Jim Flood, Mexican land grant, Rancho Sisquoc, Santa Barbara County, Spanish land grant
Posted in Cattle, Eric OKeefe, Farming, Feature, News Desk, Regional News, Topics, West

Pentagon Turns to Texas A&M to Protect Endangered Species

Posted on February 11, 2009 by Eric OKeefe

Landowners in and around Fort Hood have been receiving millions of dollars from Texas A&M to participate in a secretive Pentagon program whose goal is to protect endangered species.

Tagged with: Aggies, Department of Defense, Fort Hood, Institute of Renewable Natural Resources, Neal Wilkins, Pentagon, Susan Combs, Texas A&M
Posted in Cattle, Conservation, Eric OKeefe, Farming, Feature, Federal Policy, News Desk, Public Land, Southwest

Illinois Land Auction Gins $24 Million

Posted on January 26, 2009 by Eric OKeefe

A crowd of 800, including 250 bidders, gathered at the Crowne Plaza in Springfield on Jan. 21 and spent more than six hours and $24 million to acquire 4,000 acres of prime Illinois farmland.

Tagged with: auction, Aumann Auctions Kilton Farm, farmland, Illinois, Macoupin County, Montgomery County
Posted in Eric OKeefe, Farming, Feature, Midwest, News Desk, Regional News, Topics

Iowa Farmland Sets Record Highs for Sixth Straight Year

Posted on December 17, 2008 by Eric OKeefe

Iowa State reports that the value of an average acre of farmland has increased for the ninth year in a row to an all-time high. According to the survey’s director, ISU Extension farm economist Mike Duffy, land values have doubled…

Tagged with: Iowa State University, Mike Duffy
Posted in Eric OKeefe, Farming, Feature, Midwest, News Desk, Regional News, Topics