Land prices have been and continue to be WAY TO HIGH to purchase for raising cattle. The cheapest you can find in Arkansas is $2000 and over. That is for land that is way out and needs work. More and more each day land is being bought up for development that was used for raising cattle. Several years ago you could actually buy land around where our farm is. Walmart went in about 3 miles from where we are and now there are subdivisions all around me.The land I bought was bought with the possibility of if the price is right, then my kids can sell it for a very nice living. This land in no way can be paid for by raising cattle. I see it as an investment but I love my cattle and don't see selling anytime soon. All the land being taken out of production has to surely help keep cattle prices up for the near future. WHere I live is not where I keep my cattle, when I was a kid, you could buy land for around $1000 an acre . 20 years later it is starting at $40000 an acre for minimum of 4 acre tracts. I don't know where the cattle raisers will be in 5 or 10 years. land prices will be way to high to buy to raise cattle????
land cost to raise cattle to HIGH
- Thread starter plbcattle
- Start date
Herefordcross
Well-known member
Buddy, you oughta try it here. The absolute cheapest ground you are gonna find is $20,000 per acre. Mid range is about $50,000 an acre. I will probably never be able to expand!! It's sad but, that's the way it goes.
thats why we all need to be thinking about and planning for the future. get your kids involved if you can. about the only way to keep agricultural lands intact will be to pass them down. something to think about :idea:
A
Anonymous
about 1 year ago...I bought some land for just about $1,050 an acre...had to buy 374 acres of it though...I didn't really need it for anything...just bought it because it was good land and was pretty cheap...hoping in a few years when i'm too old to work...I can sell it for a lot more than I paid for it...I know a guy that bought a small piece of land for $300,000...then 2 years later...sold the land for $1,300,000...a million dollar profit aint too bad if you ask me :lol: 
rkm
Well-known member
Beefy, you are right about trying to keep our land in ag for children and grandchildren. But as land values go up so do taxes. At the same time farm income remains low making it hard to keep the kids on the farm. Hard to hang on to the land.
Herefordcross
Well-known member
That's the funny thing, our taxes on the whole place are only about $4k a year, in Pennsylvania same amount of ground is $12k a year.
Boy does this topic ever make me glad that I live way up in ND. Pasture land around here goes for around 2-300 an acre. We just bought 80 acres which had about 40 of it broken up for around $22,000. Needless to say we seeded it into pasture as we don't farm. I couldn't see how one could make a living with any sort of livestock with prices that high for land!
Glad to be breathing the wide open spaces of good old North Dakota!
Glad to be breathing the wide open spaces of good old North Dakota!
TxCoUnTrYbOy
Well-known member
We are buying 20 acres just west of College Station, TX in about a week. Were paying 3,200 per acre. The normal price is about 10,000-12,000 per acre. All you can do is look around and be patient. Eventually youll find something you can afford. Thats what we did.
auctionboy
Well-known member
It seems all of you are looking to sell your land when the time comes to the highest bidder, and if you don't when you die your kids will, and probably cut it up in to 20 pieces. Unless your willing to sell what you have for less then it is worth you shouldn't complain.
There was a time when paying $3K/acre for good land around my area was unheard of, and now it's a rock-bottom bargain.. When the housing market cools, property prices in average areas will likely stagnate.. Eventually, as inflation grows, paying $10K/acre will *seem* like paying $3K acre does today -- a steal.
Dave
Well-known member
That same problem is happening all over the country. Farmland is selling for a price higher than the crops or cattle can cover. Even the big remote western ranches that are not being sold for development price are being sold for more than they pencil out at. There is just so much disposable income in this country right now. People are just buying land figuring they can make a fortune. Or they already made that fortune and want to play John Wayne and it doesn't matter what the ranch cost.
Dave
Dave
andybob
Well-known member
The prices near the main centres are high, but twenty miles out land is between 1500-3000 per acre, the higher price being cleared land on old tobacco farms.
Quite a number of new horse farms are developing near my house,this wil also increase the price closer to town, but still plenty of bargains to be had a little further out.
Quite a number of new horse farms are developing near my house,this wil also increase the price closer to town, but still plenty of bargains to be had a little further out.
The disposable income thing is the truth. People from California and other high price areas are coming to fly over country, paying twice what the land is worth, but half what they would pay back home and think they are getting a great deal. All it is doing is raising the price of the land higher than the land can support.
MoGal
Well-known member
I can attest to that. I've been looking for property for the last 2 months. There's no way I can justify paying $430,000 for 123 acres of land that is grown up. And yet someone put a contract on it last friday.... normal working class people can't afford that.
TheBullLady
Well-known member
It seems like we can't keep up with the demand for buyers looking for property here in Central Texas.. but not much of it is being bought to run cattle. Recreation and "investment" are the biggest buying influences right now. Of course when we moved here 14 years ago, the low land prices were the main reason we picked this area. Prices have tripled and more since then.
backhoeboogie
Well-known member
TheBullLady":19f8vm7r said:
Isn't that the truth. They are offering $15K an acre, just for the mineral rights on Barnett Shale. You keep the land, just sell the minerals. You could have bought that land for less than $1K an acre 15 years ago, with mineral rights.
C HOLLAND
Well-known member
Herefordcross":3crufork said:
WOW my tax on my 100 acres and home is below $250.00 per year, I can't imagine it being 4k per year, my payment for the land is not much more than that
DavisBeefmasters
Well-known member
3MR":2zca16h5 said:
Hang on here... I just researched price of land between buying here in California (out in ag country - not near the big cities) and it's fairly close to what land would go for in my hometown just about a 1 hour drive outside of St. Louis, Missouri...
...land prices are soaring, taxes are outrageous in California, but if you live on Williamson Land Act property you get a little bit of a break for using it for agricultural purposes instead of developing it.
...lots of cattlemen are losing their grazing leases out here to developers as well.
...where do all the people come from? Is the population growing or is there a town that all the people have evacuated that we could go in, buy it, and level it back into a large pasture?
Proverbs 12:10
Well-known member
In some areas like where I am I wonder if we are not due a correction in the land market. It has been a favorable climate with low interest rates for a long time. That looks like it is coming to an end.
Central Fl Cracker
Well-known member
The price per ac. in central fl. has gotten out of control but most ranchers here just lease the land for about $ 20 per ac. so they do not feel the price increase as bad as buying. Remember what goes up will come down just remember the early 80's prime rate hit 20 % and there was a gas ration.
