Clift Land Brokers.

April 24th, 2015 by Ranchline

Clift Land Broker’s April edition features the Texas rural land values rise in 2014. This report states that land values all across the state of Texas are up, and are particularly strong in the Texas Panhandle (up 11.6% through the third quarter of 2014). The statewide average at that time was $2,351 per acre. The Federal Reserve Bank of Dallas attributed some of this increase to the rains received in this region last summer. According to the Federal Reserve Bank, both Texas dryland and irrigated cropland rose 5.1%, while ranchland values were up 4.6%

Written by Mike Walsten, Editor of LandOwner Newsletter (ProFarmer)

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