Oklahoma's Latest Farm
And Ranch News

Your Update from Ron Hays of RON
Friday, January 8, 2021
Regional Land Values for Oklahoma, Texas, Kansas, and Arkansas Grew in 2020
Owning farmland has always been a priority for farmers, but interest in this real asset by investors has grown in the past year.

“Prices for top quality cropland sold at our auctions are up $1,000 per acre or more since before harvest,” said David Whitaker, area sales manager for Farmers National Company. “Demand for good farmland has definitely increased.”

Despite the challenges faced by agriculture and producers in 2020, the farmland market remained stable throughout the year and strengthened in the last quarter. Iowa agriculture especially endured economic challenges with interruptions to livestock deliveries, the derecho storm, lower ethanol demand and a late season drought across much of the state.

“Government payments, crop insurance, low interest rates and rising grain prices sustained farmers’ interest in buying land especially in the fall time frame. Add in the growing number of investors who want to own farmland and you have a strong demand driven land market,” Whitaker said.

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Congress has passed a 5,393-page Relief/Spending Omnibus Package- and Host Ron Hays Talks with Ethan Lane, Vice President for Government Affairs for the National Cattlemen's Beef Association about Pandemic Relief- more money in CFAP, Grants for RAMP UP, the establishment of the SALE Act and more. Lane also talks about the announcement by USDA to start the process of moving Gene Editing for animals away from FDA over to USDA, a look at the Climate Team for President-Elect Biden, a return to USDA by Tom Vilsack, and a look into 2021 from a DC Perspective. 

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Tim West
President/General Manager
Radio Oklahoma Ag Network

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Suite F
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Ron Hays
Director of Farm Programming
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405.473.6144