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Wednesday, November 04, 2015

Everything is not Good for the American Real Estate Market - Financial Buzz

Everything is not Good for the American Real Estate Market - Financial Buzz: The American real estate market seems to have taken a surprising hit in spite of a global growth in property market trends. The latest estimates of studies suggest that nearly 25 percent of home values across the United States have plummeted in real estate value. Experts have stated that most American home markets across the country have already reached their peak in wake of the property boom post 2008 crisis. Last year, home values had appreciated at 3.3 percent, which was speculated to grow up to 5 percent this year, however, this has not been the case.

Why Many Choose Not to Farm | Agweb.com

Why Many Choose Not to Farm | Agweb.com: Rural America isn’t the hot spot for young adults. According to the latest USDA Ag census, the number of beginning farmers is down 20%. Where are America’s future farmers? The root of the problem is they’re migrating away from rural communities. It’s a complex issue and I have several thoughts as to why farming isn’t as appealing�to many�as urban job opportunities.�

Better financial opportunities�elsewhere. Jacob�C. Toews’ article,�The Disappearing Family Farm, on realtruth.org, states “Many young couples are unwilling to invest $500,000 in a business that requires them to work 12-16 hours per day throughout most of the year and then get a return that amounts to the equivalent of what a farmers’ wages would have been 30 years ago.” While I don’t believe wages are THAT low, it does hold�some�truth.�USDA’s Rural America at a Glance, 2014 Edition, writes “Many young adults leave rural areas to attend college, and many of these people remain in urban areas after college due to the higher earnings available to them in those areas.” This suggests better financial opportunities in urban living—possibly with no investment.

Recent Commercial Real Estate Transactions - The New York Times

Recent Commercial Real Estate Transactions - The New York Times

What San Francisco's Election Results Mean for Housing - The Housing Election Guide - Curbed SF

What San Francisco's Election Results Mean for Housing - The Housing Election Guide - Curbed SF: Housing issues stood out as the main ingredient in the alphabet soup of propositions that headed to vote in San Francisco yesterday, and moderate positions generally prevailed. Efforts to slow new construction in a city starved for housing were generally unsuccessful, with the most talked-about prop of them all, the so-called Mission Moratorium, falling to defeat while height limit increases for the San Francisco Giants' Mission Rock development sailed through. So what does all of this spell out? San Francisco's housing future remains far from clear, but the election results provide a direction for the next several years.

Century old family farms and ranches still ticking around Houston - Houston Chronicle

Century old family farms and ranches still ticking around Houston - Houston Chronicle: Seven century old family farms and ranches in areas outlying Houston are still going strong.
They'll be recognized Thursday by Texas Department of Agriculture Commissioner Sid Miller as part of 76 Texas farms and ranches whose families have kept them in continuous agricultural production for 100 or more years. The properties represent 56 counties.

Lost Hills Found: A Poor, Farm Community Is Getting Assistance From Agriculture's Power Couple - Forbes

Lost Hills Found: A Poor, Farm Community Is Getting Assistance From Agriculture's Power Couple - Forbes: Lost Hills, California was best known for years as the town 30 minutes southeast from where James Dean crashed his Porsche in 1955. That’s not saying much. Unincorporated and historically impoverished, it’s a gritty town of 2,412 people, most of whom are Hispanic farm workers. Driving through, one passes a ramshackle tire shop and pool hall. But unlike the other small communities that dot California’s Central Valley, this one is just miles away from thousands of pistachio and almond acres owned by billionaire couple Stewart and Lynda Resnick, which has been a boon for the town lately.

Panama Canal Expansion Could Boost U.S. Ag Exports | Agweb.com

Panama Canal Expansion Could Boost U.S. Ag Exports | Agweb.com: The Panama Canal Expansion project that’s slated to be completed in April 2016 could open more agricultural export opportunities for the U.S., with increased shipments in particular going to Asia, says Ken Eriksen, senior vice president of transportation at Informa Economics.

Farmland leases offer protection for landowners, tenants | Ag Professional

Farmland leases offer protection for landowners, tenants | Ag Professional: As landowners calculate farmland rental rates for the coming year, they may want to consider completing the process with a written cropland rental or lease agreement.

Such a document can go far to protect both landowners and tenants, says Rory Lewandowski, an Ohio State University Extension agriculture and natural resources educator.

While that may sound intuitive, there are a surprising number of cropland rental or lease agreements that are verbal agreements rather than written legal documents, Lewandowski said.

"Prices Have Bottomed," According To This Commodities Indicator

"Prices Have Bottomed," According To This Commodities Indicator: Commodities prices could be on the verge of a major bottom – right now – based on one proven, profitable commodities indicator.

I realize it's hard to imagine commodities prices going up today. They have been in a multiyear bear market... the world is drowning in oil... and China and the rest of the world have been struggling to grow, to say the least. This has caused the benchmark CRB Commodity Index to fall 47% since peaking in 2011.

I get that. However, I also know what the numbers mean to me. And right now, one profitable indicator is telling us that the downside could be over.

Let me explain...

Chicago VC funds seek investor appetite for food, agtech industries - Chicago Tribune

Chicago VC funds seek investor appetite for food, agtech industries - Chicago Tribune: In Chicago, a couple of funds dedicated to these sectors are drawing on collaborators across industries and the globe to form investing syndicates able to pour even more money into food and agriculture technology companies.

Take Seed 2 Growth Ventures, a new $125 million multi-stage fund based in Chicago that invests in mission-driven companies that are working to change the food system from “soil to shelf,” according to co-founder and managing director Victor Friedberg. Chuck Templeton ⇒, founder and former CEO of OpenTable and chairman of Impact Engine, and Sanjeev Krishnan, former director at CLSA Capital Partners, are other managing directors.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed with soybeans higher, corn and wheat lower. Outside markets are higher as macro markets await several reports today.

News continues to be on the negative side�but futures bounces off technical support levels. Corn futures remain in a trading range between 3.75 and 3.90. Soybeans trading range is 8.50 to 9.20.