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Land Sales Continue Booming!

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Horace McQueen ColumnBy Horace McQueen

East Texas land sales continue highs. Go back a couple years and look at land sales. This whole thing today is crazy—some land is actually selling for $10,000 an acre or more. And lots of the land sales are done by internet—with the buyer never seeing the property until the deal is closed. And we are welcoming folks who will have to make serious adjustments to their lifestyle with their move to rural East Texas. No longer calling Uber to deliver the grocery orders—and Target is “only” 30 miles away. Even a loaf of bread may be 10-miles distant. Boy howdy, for those recent transplants to our area it will be an experience to remember. I figure most of the new arrivals will hunker down and within a short time will have adjusted to their new surroundings.

The calf market is on a high—and hopefully our cow folks will have a calf crop to sell later this year. One thing for sure figure out a way to get some hay in the bale as early as possible. There is very little carryover hay from 2022—and much of that is pure junk. Like most others in our area running cows, our expenses over the last year have been mind boggling. With some folks feeding $100 a bale grass and protein feeds close to double that of last year, even calves selling at $2.50 a pound for 500-pounders is still not a profit maker.

By the time farmers and ranchers buy diesel fuel, pay vehicle expenses, feed bills and the rest of the out-of-pocket costs to operate a farm it’s not all the joy it’s cracked to be! Anyway, for those of us in the world of agriculture, I reckon we will keep on keeping on till the cows come home!  That’s –30—This email address is being protected from spambots. You need JavaScript enabled to view it.

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