The Land Report


The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.

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Page 32 of 131

S U M M E R 2 0 1 8 | The LandReport 31 L ANDREPORT.COM *Not reported due to small sample size. SOURCE: Kansas City Fed Nonirrigated Irrigated Ranchland Kansas –3 0 –3 Missouri +1 N/A* +2 Nebraska +5 –2 +7 Oklahoma –6 –4 –9 Mountain States –6 –5 0 T ENTH DIST RICT –3 –3 –3 The Kansas City Fed recently presented its survey of Agricultural Credit Conditions covering the first quarter of 2018. Researchers began on a high note, pointing out that in the first quarter of 2018, crop prices for corn and soybeans rose to their highest levels since 2016. Due to reduced farm income, however, cash-flow issues persist. District bankers report that more than 8 percent of farm loan reques ts were denied because of customer cash-flow shortages. This was especially the case in Oklahoma. The largest share of denials occurred in the Sooner State where wheat production makes up a larger share of farm revenue. Two additional trouble spots? Higher interest rates and increased collateral requirements. "[T]he continuing trend of increasing collateral requirements suggests that agricultural lende rs are maintaining tight lending standards to curb risks that remain amid weaker levels of farm income and liquidity." Read the complete report at . Farmland Value Gains By State SPRING CREEK RANCH SUNDANCE, WY A premier 1,623 acre Black Hills ranch that combines live water and unparalleled privacy, with a beautiful landscape, excellent wildlife habitat, and incredible views. $4,700,000. AMERADA DIVIDE RANCH CASPER, WY Hard-grass ranch with 15,540± deeded acres, and 1,607± acre BLM Permit. Numerous water sources including 14 wells. Two sets of corrals and a certified scale. $7,700,000. ROCKY ELK RANCH NEWCASTLE, WY In the heart of elk country with 300+ class bulls. 7,361 deeded acres plus 440 acres State & BLM. A great recreational ranch with live water. $8,100,000. ELBARBEE RANCH NEWCASTLE, WY Distinctive 1,074 acre ranch with a custom crafted log home plus a well-kept set of support buildings. Located on Stockade Beaver Creek. $3,800,000. More land available. Phone: 307-746-2083 Box 98, Newcastle, WY 82701 Licensed in WY, SD & MT 2011-2017

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