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Thursday, April 21, 2016

Your Piece of Heaven is Worth What it is Worth - Country Moon Blog - GRIT Magazine

Your Piece of Heaven is Worth What it is Worth - Country Moon Blog - GRIT Magazine: Wall Street is so volatile. Stock prices, commodities prices, they all fluctuate hourly, sometimes even by the minute. It’s a complicated world where a person can go from rags to riches and vice versa in a matter of seconds. Just as volatile, and equally confusing, are land prices; more specifically, agricultural land prices because there are so many variables to consider when buying or selling.

Anyone who owns a piece of earth owns a piece of heaven. As Will Rogers so amply said it, “Buy land. They ain’t making any more of the stuff.”

Conservation attorney launches campaign for state lands commissioner - seattlepi.com

Conservation attorney launches campaign for state lands commissioner - seattlepi.com: Hilary Franz, a lawyer and executive director of Futurewise, has joined the contest for Commissioner of Public Lands, in which Democratic incumbent Peter Goldmark is not seeking reelection.
Franz has proven skilled at securing grants as boss at Futurewise, the statewide environmental conservation organization known as 1000 Friends of Washington before a consultant was retained to find a new name.

Agrimoney.com | Brexit uncertainty offers opportunity for land investment

Agrimoney.com | Brexit uncertainty offers opportunity for land investment: The uncertainty over Brexit and its impact on agriculture is having an effect on the UK farmland market, with English prices falling 3% in the first quarter of 2016.

Available farmland continues to shrink - The Standard

Available farmland continues to shrink - The Standard: The total area of China's farmland dropped slightly last year, but remains well above a government red line, official data showed.
China's total area of arable land stood at 2 billion mu (135 million hectares) at the end of 2015, down by 990,000 mu from a year ago, but still well above the official lower limit of 1.8 billion mu, said the Ministry of Land and Resources.
In 2015, about 4.5 million mu of arable land was lost to construction, disasters, environmental protection and agricultural restructuring, while 3.5 million mu of new farmland was opened up, the ministry said

Texas families, farms battle floods - Texas Farm Bureau

Texas families, farms battle floods - Texas Farm Bureau: Mother Nature is taking its toll on the Lone Star State. Just weeks after parts of East Texas and Louisiana flooded due to too much rainfall, the same has happened to farmers and families across much of North, Central and Southeast Texas.

Agriculture, business loans contribute most to retail debt delinquencies | Business Standard News

Agriculture, business loans contribute most to retail debt delinquencies | Business Standard News: Overall retail lending delinquencies (90 days overdue) stood at 1.52 per cent for the entire portfolio at the end of 2015, according to the Equifax’s India Consumer Credit Trends. Of the retail loans, agriculture and business loans contributed the most to the delinquencies, with a share of 2.64 per cent and 3.23 per cent respectively, said the report.

Jamaica looks to Cuba for help in agriculture | Caribbean360

Jamaica looks to Cuba for help in agriculture | Caribbean360: As part of efforts to strengthen the agricultural sector, the Jamaica government will be acquiring equipment from Cuba and relying on the expertise that country has in greenhouse technology.

Agriculture Resurgent as Soybeans Top $10 on Weather Concerns | Agweb.com

Agriculture Resurgent as Soybeans Top $10 on Weather Concerns | Agweb.com: Soybeans extended a rally above $10 a bushel, the highest price since July, and corn traded near $4 a bushel as unfavorable weather in South America and prospects for improved demand for U.S. supplies bolstered agriculture markets.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher led by the strong performance in soybean meal. The outside markets are narrowly mixed this morning. Corn breaks $4.00 while soybeans set sights on $10.50.

Looking for fundamental reasons significant enough for the rocket rally in corn, soybeans and wheat you will find none. However, the buying continues in large volume. Wednesday saw record trading volume in soybeans at the CME beating the previous record set on Tuesday by nearly 20%. There also was massive volume in the old crop/new crop spreads in soybeans.