The Land Report

Fall 2016

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.

Issue link: https://landreport.epubxp.com/i/738657

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16 The LandReport | FA L L 2 0 1 6 A National Roundup of Rural Real Estate News LANDREPORT.COM G REAT LAKES GREAT PLAINS SOUTH W EST SOUTHWEST MIDWEST PACIFIC N ORTHEAST A National Roundup of Rural Real Estate News COMPILED BY STEPHEN O'KEEFE, CFA GREAT LAKES PotashCorp and Agrium to Merge, Squeezing Mosaic News of the proposed $36 b illion merger combined with an environmental disaster at a Florida phosphate plant led to a recent sell-off of MOS. GREAT PLAINS Outlook in the Bakken Shale Turns Bullish Halliburton CEO Dave Lesar described HAL's clients as "focused on growing their businesses rather than focused on survival." SOUTH Florida Orange Juice Harvest to Be Smallest in 50 Years Approximately 130,000 acres of citrus groves have been abandoned or converted because of greening as well as changing consumer habits. WEST Vail Resorts Continues Multi- Year Surge to $160 After agreeing to merge w ith Whistler Blackcomb Holdings, Vail's shares jumped 10 percent in August. Safe to say MTN has definitely peaked. SOUTHWEST Apache Corp. Amasses Right to 300,000 Acres The High Alpine Field is the site of a major new field in West Texas containing 3B barrels of oil and 75T cubic feet of natural gas. MIDWEST Shares of Caterpillar Stall Heavy equipment sales have declined for 40 consecutive months, driving down CAT. But research firm RenMac sees CAT as a way to ride emerging markets up. PACIFIC California Considers Altering Water Policy Yet Again Municipalities and ag users consume 80 percent of San Joaquin River flow. Now Joaquin River flow. Now the state is proposing to give salmon fisheries a larger share. NORTHEAST Gas Production from the Marcellus Shale Heats Up Total August output j umped 6 percent over the same period in 2015, a big boost to service companies such as WFT, NOV, and FTI. WALL STREET BULL © STUART MONK / SHUTTERSTOCK.COM

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