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Buy in SD land feds pay for it #7557606
04/13/22 08:14 PM
04/13/22 08:14 PM
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Posts: 13,057
Ky
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jbyrd63 Offline OP
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Ky
South Dakota is renewing their CRP program They will pay up to 2800 bucks an acre to let it grow up to prevent erosion and added money for habitat They had this in ky and lot of farmers that got on it more than paid for their farms I looked at one last year that had 2 years left on the program It was getting 8400 per year on 60 plus acres It was signed up for 15 years The farm was 112 total acres and the guy bought it for 97,000 back in 2007 So he got paid 30,000 to buy the farm ! He still had some acres to grow tobacco

Last edited by jbyrd63; 04/13/22 08:25 PM.
Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557624
04/13/22 08:32 PM
04/13/22 08:32 PM
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Posts: 21,536
Sandhills Nebraska
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Gary Benson Offline
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And he votes D


Life ain't supposed to be easy.
Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557631
04/13/22 08:38 PM
04/13/22 08:38 PM
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Posts: 6,501
Wi.
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Diggerman Offline
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Wi.
CRP rates are generally based on local land rent rates. He could have also rented the land to a local farmer for about the same initially, yet the crp rate stays the same, rent typically goes up some in 15 years.

Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557651
04/13/22 08:58 PM
04/13/22 08:58 PM
Joined: Dec 2010
Posts: 34,756
Central, SD
Law Dog Offline
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Central, SD
We hunted a huge ranch out west years ago antelope type country not the best ground for farming or grazing in some places. The landowner said that CRP paid for a large part of it because the land prices were so low when he purchased the ground. His home place was the town of Chance, SD at one time, it was a interesting story.

Last edited by Law Dog; 04/13/22 08:59 PM.

Was born in a Big City Will die in the Country OK with that!

Jerry Herbst
Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557656
04/13/22 09:05 PM
04/13/22 09:05 PM
Joined: Dec 2008
Posts: 4,421
Yukon
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yukon254 Offline
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Where do I sign up for this deal ????


do unto others as you would have them do unto you

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Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557658
04/13/22 09:09 PM
04/13/22 09:09 PM
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Missouri
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Trapper Bo Offline
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$8400 per year divided by 60 acres=$140/acre. CRP helps towards a yearly payment but a far cry from “paying for the farm”. I’ve never heard of $2800/acre CRP rate. In 2020, the highest offered CRP payment I could find was $126/acre. A quick google search showed average Kentucky farmland in 2007 brought $2,200/acre. $97,000 for 112 acres comes out to $866/acre. He either stole that ground for a heckuva deal or he views numbers and math as leftists view genders-transient and non binary.

Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557663
04/13/22 09:17 PM
04/13/22 09:17 PM
Joined: Dec 2010
Posts: 34,756
Central, SD
Law Dog Offline
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For a couple hundred dollars more they could buy the land outright? The land that they could do well on would be cheaper then that to get good results from.


Was born in a Big City Will die in the Country OK with that!

Jerry Herbst
Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557666
04/13/22 09:21 PM
04/13/22 09:21 PM
Joined: May 2010
Posts: 10,421
mn north of blakely
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Steven 49er Offline
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Nobody in SD is getting 2600 dollars an acre CRP payment.

Around here CRP what a guy can get cash rent.


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557667
04/13/22 09:24 PM
04/13/22 09:24 PM
Joined: May 2010
Posts: 10,421
mn north of blakely
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Steven 49er Offline
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mn north of blakely
I should clarify, the 2800 could be possible the first year to offset seed cost to plant it to whatever is required for a cover.

And in case anyone is wondering I don't own any CRP ground


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557671
04/13/22 09:30 PM
04/13/22 09:30 PM
Joined: Dec 2015
Posts: 6,323
se South Dakota
NonPCfed Offline
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jaybird- I think you're a little confused, maybe rolling 2 programs into 1.

The Conservation Reserve Program (CRP) is a federal program that has been around since 1985. At its height in 2007, about 36 million acres were enrolled under various contracts. CRP decreased steadily from 2008 through 2018, dropping at least a 1/3rd of its greatest enrollment down to about 22 million. It was actually targeted to decrease to below 18 million but in 2018, it was increased again, mostly through a grassland preservation (rangeland) sub-program and is now back up to the mid 20 millions of acres. When CRP first got started there was no clause that any of it had to be publicly accessible. I think some the sub-programs now have that as part of the treatment "conditions". CRP early on was heavily targeted at land that was more erodible but that has also changed into different goals, some now are more riparian targeted and other clauses.

I think what you are talking about if you're talking specifically about a state program and specifically about South Dakota is the state "Walk-In" program that is for public hunting. Yes, the most a landowner can get from the state is $2,800 for a parcel enrolled. Some landowners "double dip" by renting their fed CRP land to the state for Walk-In areas. CRP land in heavy grassy cover is some of the best pheasant and white-tail deer hunting in our state, I've shot plenty of both out of such land.

The state-rented Walk-In Areas can be about any land a landowner wants to put up. Some of it is very marginal for game, some is good. Most of my antelope hunting in SD in the last 15-20 years has been on large tracts of Walk-In Area rangeland. Other parcels I've walked there appears to be little habitat for game. Its sort a roll of the dice.

But I don't have to ask anyone to cross the fence. I also don't have to have a roll of Uncle Bens to pay a landowner for hunting so I often take my chances on these Walk-In Areas. It is what it is.


"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground".
Genesis 1:26
Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557672
04/13/22 09:31 PM
04/13/22 09:31 PM
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Posts: 34,756
Central, SD
Law Dog Offline
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A farm just sold here 1600+ acres the farm ground went $5000 a acre the pasture land for $1100 this deal closes in early May.


Was born in a Big City Will die in the Country OK with that!

Jerry Herbst
Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557679
04/13/22 09:39 PM
04/13/22 09:39 PM
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Posts: 989
Eastern Shore, MD
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JoMiBru Offline
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CRP rates are generally comparable to cash rent prices in that County. The CRP acres that I own are in 10 year contracts , 30 ft grass buffers surrounding crop fields. Wetland programs offer a little bit more per acre.

JByrd, not saying you’re wrong, maybe some other program or offer is valid in SD that I am unaware of.

John

Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557737
04/13/22 10:54 PM
04/13/22 10:54 PM
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Posts: 418
Iowa
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ou812 Offline
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Iowa
There are easements that can be put on land by the FEDS that will come close to paying for the property. When they first started paying easements it was possible to get your land for free if you bought it right and held onto it before putting an easement on it. The value would increase enough to cover the reduced percentage given on easements. I suspect in this volatile land market, some opportunities may exist for the right property.

Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557741
04/13/22 10:55 PM
04/13/22 10:55 PM
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N MN
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There is a program called WRP ( wetland restoration program ) that's similar to CRP . It offers a large one time payment . Payments are based on the quality of the land and once enrolled can never be taken out of the program . Been seeing some land owners that have not been able to sell poor land for a stupid high price enroll in it . Then collect a one time large payment and then offer it up for sale as hunting land at a lower price to get maximum profit . New buyer can't do anything with land to generate an income off it . And all they do is pay taxes on it every year . I know a few guys who have bought some of this land thinking it was a great opportunity to have their own hunting land only to have buyer's remorse after a couple years


I'd Rather Try And Fail Then Not Try And Succeed
Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557757
04/13/22 11:45 PM
04/13/22 11:45 PM
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Central, SD
Law Dog Offline
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SD is pushing habitat along with the tail bounty program I wish they did the habitat work first but at least they are getting people involved and kid also the got a month head start on the adults this year and it started earlier to improve their chances when the breed is on. Not sure how the State programs work yet they are new but that money could be involved in the OP post somehow.


Was born in a Big City Will die in the Country OK with that!

Jerry Herbst
Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557759
04/14/22 12:02 AM
04/14/22 12:02 AM
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Posts: 13,057
Ky
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jbyrd63 Offline OP
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Ky
Ok go to the third page of the new fish fur and game magazine It’s all there The 2800 is for the lifetime of the 15 year contract Do the math I’m right 188*15 = 2820 bucks per acre
As fir the google search on prices in KY in 2008 your search is wrong I’ve got a link to the PVA office of each co Di a simple search on any land sold in that time frame 1000 bucks an acre was BIG money for crop land I passed on a lot of farms like an idiot 2 years ago that went from 750 an acre up to 2000 was top high yield river bottoms Heck the 220 acres I had leased that had the doe permits on it the guy priced it to me for 450,000 3 years ago At that time I couldn’t afford it and build a cabin That same farm he’s now asking 750,000

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Last edited by jbyrd63; 04/14/22 12:09 AM.
Re: Buy in SD land feds pay for it [Re: Law Dog] #7557764
04/14/22 12:16 AM
04/14/22 12:16 AM
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Posts: 13,057
Ky
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jbyrd63 Offline OP
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Ky
Originally Posted by Law Dog
A farm just sold here 1600+ acres the farm ground went $5000 a acre the pasture land for $1100 this deal closes in early May.

Yes and that pasture land can be enrolled That’s what people don’t understand it doesn’t have to be crop land Farms in hart co KY were in the program in the mid 2000’s that are sink holes and cedar thickets
What you guys are failing to under stand is the crp payment is the life of the contract the purchase price per acre is one time The crp payments can and have paid for a ton of farms here in Ky

Last edited by jbyrd63; 04/14/22 12:36 AM.
Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557769
04/14/22 12:25 AM
04/14/22 12:25 AM
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SD
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TC1 Online content
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What you fail to understand j is that right out my back door you’d be hard pressed to find a tract of land you could buy for under $13,000 an acre. The farmers that pay that and rent that land where I live scoff at that money. Just the way it is here in my world nowadays.


Long live the MAGA King
Re: Buy in SD land feds pay for it [Re: jbyrd63] #7557771
04/14/22 12:34 AM
04/14/22 12:34 AM
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Ky
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jbyrd63 Offline OP
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That may be true but land 2 years ago wasn’t bringing 13,000 per If someone is paying that now they are idiots!
Addressing the google search for land prices in Ky remember the housing crash in 2008 ? Farm land around here fell 50% too But I don’t care if you think I’m right wrong or stupid CRP has paid for farms and if the land is marginal it can help pay for it in part or totally

Re: Buy in SD land feds pay for it [Re: TC1] #7557772
04/14/22 12:39 AM
04/14/22 12:39 AM
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Oregon
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H2ORat Offline
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Originally Posted by TC1
What you fail to understand j is that right out my back door you’d be hard pressed to find a tract of land you could buy for under $13,000 an acre. The farmers that pay that and rent that land where I live scoff at that money. Just the way it is here in my world nowadays.

Wow == I must live in the land of milk and honey then -- can't touch much of anything for under 20k per -- we don't even know what crp is here --- however just mention wetlands and carbon credits and our junk ground is suddenly worth a fortune.

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