2018 USDA NASS FARMLAND VALUES MOUNTAIN REGION

2018 USDA NASS FARMLAND VALUES MOUNTAIN REGION

The USDA National Agricultural Statistics Service recently released their 2018 Land Values Summary. The Mountain Region, which includes Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming, experienced a 0.9 percent increase in value from 2017.

UPPER COLORADO RIVER PILOT PROGRAM ENDING

UPPER COLORADO RIVER PILOT PROGRAM ENDING

The Upper Colorado River Commission System Conservation Pilot Program (SCPP) will be put on hold after this year. The program has funded 45 fallowing efforts at an average cost of $205 / acre-foot of conserved consumptive use in the first three years. In 2018, ranchers and famers in the upper basin will receive $3.9 million in payments through the program.

MONTANA MASTER HUNTER PROGRAM

MONTANA MASTER HUNTER PROGRAM

Private landowners in Montana now have another option when considering how to integrate hunting into their land management operations and stewardship strategies. The Montana Hunter Advancement Program promotes safe, ethical, and responsible hunting through its focused “Master Hunter” certification program, offered in partnership with forward-thinking private landowners across the state.

SUCCESSION PLANNING AND GOVERNANCE

SUCCESSION PLANNING AND GOVERNANCE

At the Western Landowners Alliance Legacy on the Land event, Howard Weiss from the US Trust broke down succession planning and governance to their component parts.Succession planning has many elements. Expressed as a formula, succession planning = farm and ranch management + ownership transition + estate planning.

THE CREATIVE SUCCESSION PLANNING TOOL OF OPERATING FOUNDATIONS

THE CREATIVE SUCCESSION PLANNING TOOL OF OPERATING FOUNDATIONS

The Western Landowners Alliance Legacy on the Land event featured presentations regarding private operating foundations as a means of land succession planning. A private operating foundation is a legal entity structure in which the foundation spends 85 percent of the lesser of its adjusted net income or minimum investment return is used directly for its exempt activities.

INTRODUCING OUR LAND SUCCESSION PLANNING SERIES

INTRODUCING OUR LAND SUCCESSION PLANNING SERIES

According to the United States Department of Agriculture census data, the average age of farmers and ranchers exceeded 58 years of age for the first time in 2012. Succession planning is one of the aspects of aging land operators and properties nearing transition.

FINLEN HOTEL SALE FINANCED BY TIF FUNDS

FINLEN HOTEL SALE FINANCED BY TIF FUNDS

The historic Finlen Hotel in Butte, which opened in 1924, has sold. The transaction was made possible in part to a $412,000 loan from Butte’s Uptown taxing district, the Urban Revitalization Agency (URA). The URA is a tax-increment financing (TIF) district, which generates funds by property tax dollars from new developments that are then re-invested in private buildings in the area through grants and loans.

SOUTH TEXAS HERITAGE AT THE WITTE MUSEUM

SOUTH TEXAS HERITAGE AT THE WITTE MUSEUM

Did you know that for nearly a century, San Antonio was the largest city on the western frontier? Or that Texas is the only state to have farm to market roads? Our recent visit to the Witte Museum's Robert J. and Helen C. Kleberg South Texas Heritage Center immersed us in the culture and history of ranching in South Texas.

EXPERIMENTS WITH BERRIES IN IDAHO & MONTANA

EXPERIMENTS WITH BERRIES IN IDAHO & MONTANA

University extensions in both Idaho and Montana are experimenting with various varieties of berries in an effort to determine which berries, if any, can be grown successfully at a commercial scale in the Intermountain West. Extension research primarily aimed at answering questions of which plant cultivars are going to do well and fit their markets helps landowners potentially increase their likelihood of success. 

MT & WY PROGRAM DEADLINES FOR NRCS ACEP FUNDING

MT & WY PROGRAM DEADLINES FOR NRCS ACEP FUNDING

The USDA's Natural Resource Conservation Service (NRCS) is accepting applications under the Agricultural Conservation Easements Program (ACEP) for the Agricultural Land Easement (ALE) and the Wetland Reserve Easements (WRE) programs. The deadline for funding in Montana is March 1, 2018. The announced cut-off date for funding consideration in Wyoming is January 26, 2018. 

PILOT SYSTEM WATER CONSERVATION SYSTEM RFP OUT

PILOT SYSTEM WATER CONSERVATION SYSTEM RFP OUT

The Upper Colorado River Commission (UCRC) has issued a Request for Proposals to invite users of the Colorado River System water in Colorado, New Mexico, Utah, and Wyoming to submit proposals for Pilot Program water conservation projects. Projects are meant to test methods for saving water that could be part of a drought contingency plan in the Upper Basin of the Colorado River.