Conservation Reserve Program Land (CRP) Selling Well

By
Real Estate Agent with Faulkner Real Estate

Many farmers in the Western Kansas and Eastern Colorado region have expressed concern to me about the millions of acres to come out of CRP in the coming years. In 2009 alone we saw thousands of acres come out of the program and much of it come up for sale. Many feel that the in crease in supply will decrease demand. While this theory is well proven and mostly true. Currently there has not been enough over supply to decrease demand. 

In fact in some cases it is causing the opposite reaction. Many farmers are seeing this an an unprecedented opportunity to obtain the land they've sought for years that was tied up by CRP and absentee owners. Now that CRP is not as a viable investment option for the absentee they are selling their land, for great prices and moving on to other investments. This leaves a great opportunity for the local farmers to add acres to their farm.

If you know anyone considering selling land that is currently enrolled in CRP or recently out of CRP please let me know. If you fear your land is coming out, but don't want to sell let me know as well. I have tenants looking for more land that will pay rents similar to the income you were receiving while in the CRP.

 

 

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Rainmaker
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Jim Paulson
Progressive Realty (Boise Idaho) www.Progressive-Realty.info - Boise, ID
Owner,Broker

I guess I need to read up more on this issue.  I thought the trend was to increase the amount the land holdings in conservation easements, not sell them off.  Here in Idaho, open space is still being acquired to preserve the open space and view corridors.

I do have some available to acquire if you are buying.  I just want to do a deed restriction allowing me to keep hunting on the properties (grin).

Jan 15, 2010 04:18 PM #1
Rainer
4,225
Chris Faulkner
Faulkner Real Estate - Ulysses, KS

Not that the area farmers here would not like to preserve the land, but if you were to visit you would understand better. Our land is rich, flat and very suitable for production farming. There is very little value for hunting, besides a strong pheasant population. However the very worst farmground, or best hunting land depending on how you look at it may remain in CRP. Much of the land coming out, probably shouldn't have been in CRP to begin with. The only views out here are the unobstructed views of the sunrise and sunset on the horizon. Kind of like living on the ocean and looking out into oblivion. Beautiful, in its own right.

Jan 15, 2010 04:25 PM #2
Rainmaker
3,144,013
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hi Chris,

Thank you for sharing an informative and helpful post.

John Pusa

Jan 15, 2010 04:29 PM #3
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Rainer
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Chris Faulkner

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