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Land Report September 2018 Newsletter

Microsoft cofounder Bill Gates paid $171 million in August to acquire 14,500 acres of farmland owned by John Hancock Life Insurance Company in one of the most coveted agricultural regions of Washington. The lofty purchase price eclipsed April’s $136 million

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Posted in Agriculture, California, Farming, News Desk, Newsletter, Oregon, Pacific, South, Southwest, Timber, Washington

Farmland Values Nationwide Reach Record Level

National Agricultural Statistics Service’s annual survey features upward move of almost 2 percent to $3,140 per acre. U.S. farm real estate value — a measurement of the value of all land and structures on farms — averaged $3,140 per acre

Posted in Agriculture, Cattle, Farming, Feature, News Desk

Western Landowner Portrait: Jeff Laszlo, Granger Ranches in Montana

“Your land is connected to lots of other things, from communities and neighbors to migratory species to water that flows from high elevation to the Gulf of Mexico.” — Jeff Laszlo Text by Lesli Allison | Photography by Lynn Donaldson

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Posted in Conservation, Feature, Montana, Water, West

BP to Pay $10.5 Billion for 470,000 Acres of Shale Assets in Texas and Louisiana

London-based BP announced that it was acquiring a portfolio of unconventional oil and gas assets from BHP for $10.5 billion. The onshore assets mark the first major acquisition by BP since the disastrous Deepwater Horizon Spill in 2010. The portfolio

Posted in Conservation, Energy, Feature, Louisiana, Minerals, News Desk, South, Southwest, Texas

The Cowboy State Rules!

According to the Tax Foundation, Wyoming takes top honors for the lowest taxes nationwide. — Eric O’Keefe 1. NO INDIVIDUAL INCOME TAX Only six states in the Union shun a personal income tax: Alaska, Florida, Nevada, South Dakota, Texas, and

Posted in Feature, Federal Policy, News Desk, Taxes, West, Wyoming

SOLD! Osterhouse Ranch, an 1,874-acre Component of Colorado’s Cross Mountain Ranch, Sells!

This 1,874-acre component of Colorado’s Cross Mountain Ranch sold this summer. Known as the Osterhouse Ranch, the 3-square-mile property lies within the coveted Williams Fork River Valley and is adjacent to the Routt National Forest. Prior to the closing, the

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Posted in Agriculture, Cattle, Colorado, Feature, News Desk, Recreation, West

Western Landowner Portrait: Mike and Tom Page, Big Creek Ranch in Idaho

Text by Lesli Allison | Photography by Ilona McCarty “I look at the public lands as a huge asset, assuming you take the time to understand how they work and get to know the people involved.” — Tom Page Start

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Posted in Agriculture, Cattle, Conservation, Farming, Feature, Idaho, Water, West

For Sale: 157-Acre Parcel in Beverly Hills Lists for $1 Billion

157 acres of California development land to list for $1 billion? The New York Times reports that a 157-acre parcel in the Beverly Hills 90210 ZIP code will soon come to market for $1 billion ($6.3 million per acre). Zoned

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Posted in California, Developers, Feature, News Desk, Pacific

Preservation Tax Breaks Questioned

A Napa County grand jury has questioned millions of dollars in tax breaks that were doled out to preserve wine country farmland with little chance of being developed. Passed in 1965, California’s Williamson Act seeks to ease the financial challenges

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Posted in Agriculture, California, Conservation, Farming, Feature, News Desk, Pacific, Taxes

Western Landowner Portrait: Sarah King, Anvil Ranch in Arizona

Text by Lesli Allison | Photography by Sarah King, Heidi Crnkovic, and Ziemba Photographic Daily challenges have always been inherent to ranching in the West and there are no shortages of them in the Altar Valley, located south of Tucson

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Posted in Agriculture, Arizona, Cattle, Conservation, Farming, Feature, Southwest

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