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Invest In Ranch Land: Cattle Prices Getting Stronger

Written by Jerry Hicks, Ranch Broker – Prineville, Oregon

The beef industry has been working through a tough, fluctuating market from record highs of cattle prices in 2014 to extreme lows in 2016. When record high values hit in 2014, the industry increased beef production by 5-7 % in a very short time, causing an oversupply.  There is hope that ranching and farming are at a point of a semi-soft landing and will see a less volatile market in the coming months and years.

The most encouraging aspect I’ve seen are the good operators; the families who have spent decades in the beef cattle business and have persisted through these cycles of highs and lows. These families are built-to-stay in the business by riding it out and structuring their business models around the 10 to 20 year averages. Building up numbers and quality at the correct time, culling harder and reducing numbers when necessary, always saving money for that rainy day. Beef on the table and strong rural ranching families are a mainstay in America’s rural culture. The market will recover and looks to be doing so now. Make no mistake… the American ranching family has been slugging it out for 250 years and it looks like they have at least another 250 left in them.

Fay Ranches Enjoys Henry’s Fork Days

The Henry’s Fork Foundation held its annual fundraising dinner on the banks of the legendary Henry’s Fork River on Harriman Ranch at Last Chance, Idaho during the weekend festivities of June 16-17.   Newly minted Henry’s Fork Foundation Board Member and Fay Ranches’ Chattanooga, Tennessee land broker, George “Mac” E. McGee IV rallied the Fay Ranches crew to come […]

The BTU Ranch – Expansive and Beautiful

This past week, staff and agents from Fay Ranches and Republic Ranches travelled to the BTU Ranch located outside Steamboat Springs, Colorado to spend the day on this amazing ranch.  We came away convinced this is one of the most beautiful and wildlife rich, 10,000+ acre ranches we’ve ever been on. From corner to corner, […]