Agriculture in my neck of the woods effectively ended last week. The sale of Mike's place was officially approved last week. 900 acres for $90mil. tI was a done deal even before the hearings: the data center people had already gave him a $9 mil deposit that he used to buy the Alabama places. I had told about in my
Update: Yellow Tag Day Tomorrow thread. I had said we were selling back to him, about 500 of the 732 Corr cows, and keeping just the 200+, and go back to just running them on the Kudzu Place and that cut-over timber land I bought last year. But last week, he came to me and wanted them all. And he said he wanted to pay us for the calves on the ground, too, at the average price he has been buying them at weaning for. This past week they hauled all of them to his new place in Alabama, along with the bulls we had. He has moved his Brangus seed stock down there, too. And this weekend Clay is taking all of his red Char and Black SIm x Chu i-Angus cattle down there too. I think he is gonna just move into one of the houses on the property, now that school is out. And, I talking with DNR about leasing the Kudzu Place and my new ground beside it, for a WMA for public hunting. They not only lease it, but you are also exempt from property taxes on land youy place in those programs.
We are going to fence off about 7 acres at the front gate of the Kudzu place, where the arena, pole barn and pond is. That will give me a place to keep cows I might be trading on, etc. And right next to it, I am fencing off about the same size area to build my barndominium and covered arena.
I have been moving back into my mom's house because I have to take care of her now. Prices for houses and and have been obscenely high for about 4 years now in this area, and people are always wanting to buy her place. And my grandparents' old place across the road, where I have had that 8 acre Bermuda hay field since 1972. With Mike's place bringing $100k an acre, all farmland will be taxed based on that and a couple of other deals, so everyone will have to sell out and quit farming or ranching in this county.
In a way I am lucky...it has all hit just right. We are getting $1.2mil for the cows, and gonna get about $1500 each for the 400 something calves on the ground. And we have absolutely not a dime in them. Before 2020 hit, and people went crazy buying houses around here, (I guess it was Covid that made them lose their minds) those 2 places of my mom's would have brought about 400k..maybe. Now, the smaller will be 500k and the larger will be 650k or more. I should be overjoyed at all of this, but instead I am kinda depressed. Sad about what is happening not only in my area, but to ag all over the nation. Especially the cattle business. And sad that at my age, I have no desire to take this windfall and expand our cattle operation. All we, me and Scott, are gonna have is those 5 Brahma/dairy heifers each year. But I sold them last year after weaning, and probably will these new ones, too. and I still have 8 roping steers up here at the practice pen. I guess I will carry them with me down to Unadilla. But gonna still fool with horses...Mike asked me to find him abut 8 more good working cow horses to take to Alabama. And I will do some buying and selling of some cattle. But, looks like it truly is an end to an era, and it is getting to the last chapters of my life as well. Good thing is, we have just fully funded Zeke's trust accounts. And maybe now I will get to spend some time fishing. I am looking for a place down around Steinhatchee, Cedar Key or even further down the golf coast. Gonna get a boat for intercoastal and near-shore fishing, too ,I guess. And, as soon as I, Scott and Mike figure out all of the tax consequences, we might go in and buy up some shares in some syndicated stallions. I might buy some yearlings and put them on the track, too.
I might be crazy, but right now I'd trade it all if somehow things could go back to how it used to be, the struggles to make a profit or just make ends meet and all. I already miss the past 68 years of my life, and do not see anything I like that may be coming down in the future. Well, excpet finally getting to fish for my speckled trout, redfish and flounder!