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DV, NV | Thought you guys might like to see what one of the best ranches in the world looks like. Maybe you rich guys have some spare change lying around.
https://vimeo.com/aip/review/179995643/e735e7fd1a |
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Beresford, SD | Heaven on earth.....Wow. Thanks for sharing. |
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SwMo on Ks line | Wow is all I can say!!! Thanks for the trip. |
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SC Kansas | Awesome video |
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north west arkansas | Wow! Not sure I can even dream so big. |
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Montana | Nice post haystax. I like. |
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| Big country out there, long way to the local store. Closest side of the ranch to me is the old UC ranch headquarters, that is the one in the pictures with the grain elevator by the working corrals. Closest bar/ gas station is in Montello, NV. Ranch is owned by the guy that owned Reebok Sports shoes & clothing. He had it for sale in 2010, but pulled it off market and dumped over 19 million into it. He was asking 50 mill back then. So he's only asking 77 million for it now, so maybe if times were good you could net 3-5% on your investment. However the 25 ranch is for sale out there for only 40 million, just chump change for most guys on AgTalk! LOL.
WineCup has been marketing their cattle on Superior, they usually top the market on light steers 400lbs.+ Always sold them at the Col. Spring Time in the Rockies sale. Couple of years ago they sold those calves over $4. All the cowboys I've known that worked the Winecup were the type that when it came to get off the horse and open a gate, well they always went to spinning and working a horse. Heaven forbid they open a gate! Lot of pump jacks to pump water on that ranch, I'm thinking over 60+ to pump from wells for livestock. They hired a bunch of Peruvians on H2-A visas to work there as well.
If you guys were to buy the place you would have to be members of NCBA, State Cattlemen's, etc. to help keep environmentalists off your butts! As it is prime Sage Grouse, big game habitat, plus with all the live water running through the ranch they keep a close eye on everything that happens on BLM leases. So I think a lot of AgTalkers would have to really change their values to be able to run the WineCup. You would have to be lobbying all the time to save your butts from the enviro's coming after you. |
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NS Canada | Sign of the times, another big one falls ? |
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| Nope I doubt that. Just like all big investors, they own it for so long to get their deprecation on it. Then put it on the market so the next big guy can write it off for few years. Most all the big ones I know sell them off after about 6-7 years, seen a few go 10 years. |
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N FLA | That is awesome, I didn'the hear the price. Anybody catch it? |
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| It can be all yours for a cool 77 million. |
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North Central Texas | $197 an acre with cows and equipment included. 6 cows to a section. Were they already grazing the 142000 acres of neighbor owned land with no fences?
I wonder how mature the mature herd is? |
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| Whole that is a beautiful spot in the world, blm, forestry land and the unfenced neighbors has a value of zero to me. It's not truely yours when you buy it. I couldn't afford the bus fare out there either lol. |
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Central Ga | They can only depreciate the cattle, equipment, and maybe the buildings... |
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sc ia | Really not out of line. Move the decimal point over a couple of spaces and it's $770,000 for a 90 cow ranch. |
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Central Illinois | redrobin - 10/4/2016 05:39
Whole that is a beautiful spot in the world, blm, forestry land and the unfenced neighbors has a value of zero to me. It's not truely yours when you buy it. I couldn't afford the bus fare out there either lol.
As long as your state has property tax no land is truly yours. I would also argue the DNR will argue the same even if your state does not have property taxes. I will say that video is some beautiful land. Might have to look at making a gofundme page. Anyone want to start my donations?
Edited by ben5398 10/4/2016 07:57
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Northern Minnesota | redrobin - 10/4/2016 06:39 Whole that is a beautiful spot in the world, blm, forestry land and the unfenced neighbors has a value of zero to me. It's not truely yours when you buy it. I couldn't afford the bus fare out there either lol.
No land is "truly yours" in this country anymore imo. If you don't pay the rent (property taxes) they simply take the land away from you. (And in many places that "rent" is no more small potatoes. Private property WAS a good concept while it lasted.....)
Very nice video to watch though. Made me think of:
-"eye has not seen, nor ear heard, neither has entered into the heart of man what God has prepared for those who love Him." And...
-"In my Father's house are many mansions...I go to prepare a place for you. And if I go and prepare a place for you, I will COME AGAIN and receive you unto myself, that where I AM you will be also."
I am ready....!!! "Even so come Lord Jesus!" Let the good times (finally) roll!! |
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| Bless you Meadowlandsbeef, I'm sitting with my father in his final moments on earth right now and your post really is an amazing thing to read. God is great! Thank you. |
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Montana | Very interesting :) Thanks for sharing |
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| Wrong. |
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WY, OK | If all you want to do is own acres it looks like a steal compared to the Waggoner. Always interesting to see who likes what, looks like desolate wasteland to me it isn't that green for very long each year. Price per AU isn't all that bad though, under $10K. The "other" private acres also were interesting to me pretty large block of someones else's land they apparently just use. But if NV is a fence out state that is the way it is. |
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North Mo. | I visited a ranch in Australia that is owned by investors, they just might be interested in that place. |
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Texas | Only 26% of the acres are deeded. A massive 59% is BLM. The remaining 15% is owned by others. The property is definitely scenic, but I see considerable potential for trouble. A change in a few laws, and the owners could be left with very little.
Also, I think more can be done with less in a more productive area. This ranch is priced for $81.19 per currently usable acre, and $311.11 per deeded acre. Those numbers do include the cattle, which they are valuing at $1666.67 per mature head. They are currently running 1 head to 105 acres.
Compare those number to an area where you can run 3 cows to the acre, and that property is worth $2500 per deeded acre. You would only need to own 3000 acres to run the 9000 mature head. At $2500 per acre your total investment in the land would only be $7,500,000. All of those acres would most likely be deeded. If you include their values for cattle and equipment the total would be $24,200,000. So, you could own the equivalent production ability of what they are offering for 31% of their price in a more productive area.
If the goal is to brag about how many acres one controls, and try to impress all of their friends by flying them over the land and bragging that "All this is mine." then the property will be appealing; but if one is interested in efficiently producing beef with the least possible investment, more can be done with less.
Just my thoughts. I sourced the numbers I used in my calculations from the below link and my knowledge of other areas.
http://bateslandco.com/ranches-for-sale/winecup-gamble-ranch/
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Nebraska | . |
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Ne Nebraska | Funacres Daughter - 10/4/2016 11:00
Only 26% of the acres are deeded. A massive 59% is BLM. The remaining 15% is owned by others. The property is definitely scenic, but I see considerable potential for trouble. A change in a few laws, and the owners could be left with very little.
Also, I think more can be done with less in a more productive area. This ranch is priced for $81.19 per currently usable acre, and $311.11 per deeded acre. Those numbers do include the cattle, which they are valuing at $1666.67 per mature head. They are currently running 1 head to 105 acres.
Compare those number to an area where you can run 3 cows to the acre, and that property is worth $2500 per deeded acre. You would only need to own 3000 acres to run the 9000 mature head. At $2500 per acre your total investment in the land would only be $7,500,000. All of those acres would most likely be deeded. If you include their values for cattle and equipment the total would be $24,200,000. So, you could own the equivalent production ability of what they are offering for 31% of their price in a more productive area.
If the goal is to brag about how many acres one controls, and try to impress all of their friends by flying them over the land and bragging that "All this is mine." then the property will be appealing; but if one is interested in efficiently producing beef with the least possible investment, more can be done with less.
Just my thoughts. I sourced the numbers I used in my calculations from the below link and my knowledge of other areas.
http://bateslandco.com/ranches-for-sale/winecup-gamble-ranch/
Please tell me where I can run 3 cows per acre and land costs $2500/acre!! Btw thanks for doing math on actual owned acres and values. |
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North Mo. | I was gona say do all the time. Then I reread not 3 cows per acre but 3 acres per cow. Expect what she meant to say also. |
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WY, OK | Easiest way to compare ranch to ranch anywhere in the country is simple cash per AU. and out here it usually isn't cheap. I'd also like to know where this 3 cows to a $2500 acre is because I am moving. It is funny I know of people who own literally a few hundred to a few thousand acres but have shared BLM allotments of say 75K, so there might be 5 people in the allotment so each basically can use 15K acres. They like to go around crowing about their 75K acre ranch though. I guess with that philosophy I can say I have a 247million acre ranch and so does everyone in the country. |
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Texas | Ben - 10/4/2016 12:51 I was gona say do all the time. Then I reread not 3 cows per acre but 3 acres per cow. Expect what she meant to say also.
No, she meant 3 A/U per acre. Some areas can utilize up to twice that rate with good management using intensive grazing.
From "The Cattle Site":
Cattle numbers
For intensive systems an average stocking rate of 2-4 head per acre would be average. Some extension research has shown good results with as many as 6.1 head per acre. Stocking rates should be adjusted to pasture availability. Producers of pasture-fed cattle have traditionally bought in the spring and sold in the fall. However, the manager of an intensive grazing system must consider improving the use of forage. Altering the stocking density by mid-year or more frequent sales, expanding pastures or include high quality aftermath of hay or haylage harvest are a few suggestions.
Lots of grass farms in North MO will support 3 head per acre during the grazing season, and with stock piling the forages they can go deep into the winter months before needing to feed much hay. There is a big difference between pasture and woods, so consider the percent of actual grazing land when determining the true stocking rate.
Mob grazing utilized in a rotational grazing system is a phenomenal management practice in an area where you can grow grass from rainfall.
Edited by Funacres 10/4/2016 13:24
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North Central Texas | In east texas it can be found. You can find several places for sale as low as $1750 running a cow to 4 acres. Little management you can get it down to 2. Now they don't tell you that you need 4 bales of hay per cow to make the winterand you have to fertilize with 300-46-60 every year and weed spray to make it all happen. You also really want to have to live in east texas. |
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Fairbury, NE (Southeast) | Tell me more about runing 3 cows per acre on 2500 bucks an acre ground. Here its closer to 4-5 acres per cow and 2000/acre for around 8-10k AU like mentioned above. |
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North Mo. | I wasn't talking grazing season to me that is year around. |
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| ben5398 - 10/4/2016 07:55
redrobin - 10/4/2016 05:39
Whole that is a beautiful spot in the world, blm, forestry land and the unfenced neighbors has a value of zero to me. It's not truely yours when you buy it. I couldn't afford the bus fare out there either lol.
As long as your state has property tax no land is truly yours. I would also argue the DNR will argue the same even if your state does not have property taxes. I will say that video is some beautiful land. Might have to look at making a gofundme page. Anyone want to start my donations? |
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Sulphur Springs, TX | ntexcotton - 10/4/2016 12:50
In east texas it can be found. You can find several places for sale as low as $1750 running a cow to 4 acres. Little management you can get it down to 2. Now they don't tell you that you need 4 bales of hay per cow to make the winterand you have to fertilize with 300-46-60 every year and weed spray to make it all happen. You also really want to have to live in east texas.
And who wouldn't want to live in East Texas? You also forgot to mention the mud in the spring and the annual crop of army worms. |
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East Central, IA | +1
Mob grazing has it's place and I do a fair amount of it. It has made a huge difference in my pastures. However, in Elko county, I suspect the cows naturally follow the grass in a way that mimics mob grazing in our more lush climate. |
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WY, OK | Yes an AU is 1 cow for 1 year thus 3 cows on 1 $2500acre would be just over $800 a cow/AU, that is unheard of anywhere in the past I don't know how many decades. If you can get under $10K on an established place you are doing good in this day and age. I was just down in Sulphur Springs area last month from what I remember a lot of places are claiming around 2-3acre/cow and roughly $2500/acre. Seemed pretty attractive except for the heat at least half the year. |
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North Central Texas | Intensive grazing in northern texas and southern oklahoma is possible but not sustainable. This and last year it would work due to excess rainfall. We get too many months of no rain forcing many more acres being used or way more feed being fed than originally planned. Problem is most the studies are for X months not the full year. The east texas numbers are correct and you can run 1 cow to 2 acres but you have to manage hard and spend money on fertilizer.
I'll add that irrigation helps make intensive grazing work, but the cost of pumping the water will take any gains. |
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Winecup-Gamble Ranch for sale
