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re: Cons of CRP or WRP type programs?

Posted on 8/26/20 at 4:49 pm to
Posted by Dylan
Bayou Barbary
Member since May 2009
3769 posts
Posted on 8/26/20 at 4:49 pm to
I was just interested in trying to get the property at a fair price bc of no timber on it really and have a chance to make a little income off of it somehow all while increasing the land value. If we could get a little income all while land value (hopefully) goes up over time. I would lay out my food plots and hunt it, but I just was just trying to justify getting it as a investment/pleasure property.
Posted by Cowboyfan89
Member since Sep 2015
13041 posts
Posted on 8/26/20 at 4:54 pm to
quote:

I was just interested in trying to get the property at a fair price bc of no timber on it really and have a chance to make a little income off of it somehow all while increasing the land value. If we could get a little income all while land value (hopefully) goes up over time. I would lay out my food plots and hunt it, but I just was just trying to justify getting it as a investment/pleasure property.

Put it in EQIP and plant trees, then apply for CSP and do some enhancements on it. If you play your cards right and don't get overzealous with the activities, you could keep it in CSP as long as the program is around by just reapplying every 5 or 10 years (depending on whether you get it renewed after the initial 5 year period).

You could get over $2000/year in CSP just for managing the land in a sustainable way.
Posted by baldona
Florida
Member since Feb 2016
24168 posts
Posted on 8/27/20 at 10:48 am to
quote:

I was just interested in trying to get the property at a fair price bc of no timber on it really and have a chance to make a little income off of it somehow all while increasing the land value. If we could get a little income all while land value (hopefully) goes up over time. I would lay out my food plots and hunt it, but I just was just trying to justify getting it as a investment/pleasure property.


I wish you the best, as I have found that there is not much of a difference in the cost of land with mature timber and no timber. Doesn't make much sense, and I'm sure if you look hard enough it can be found.

Its one thing to hope that your land will increase in value from your purchase price, but I wouldn't expect a ton of increase in value if you include your labor, cost of materials, etc. that you put into your property.
Posted by turkish
Member since Aug 2016
2378 posts
Posted on 8/27/20 at 6:58 pm to
You should’ve bought it a year ago, if it’s the land I’m thinking of. It’s changed hands a time or 2 already.

This land was clear cut recently. I don’t know that these programs apply.
This post was edited on 8/27/20 at 7:03 pm
Posted by Dylan
Bayou Barbary
Member since May 2009
3769 posts
Posted on 8/27/20 at 7:06 pm to
It’s probably that land you’re thinking. They’re asking a little much for it, but we considered putting in an offer and planting pines on part of it or fencing 40-50 acres and running some cows on it and hunting the rest of it. I’m not sure what the owner would take, but I’m pretty sure he’s only had it a year. You have any inside info on it?
Posted by turkish
Member since Aug 2016
2378 posts
Posted on 8/27/20 at 8:46 pm to
No. No inside info. In fact that neighborhood is one of the few pockets of Claiborne, Jefferson, warren, western Hinds cties I’m pretty clueless about.

If you’re looking for value in hunting land, I don’t know if Claiborne is the right spot these days. It’s bringing a premium. If you’re looking for a lot of pasture land, though, there aren’t tons of options.
Posted by Wilson
Metairie
Member since Jul 2011
360 posts
Posted on 8/28/20 at 12:01 pm to
Does the name of the road it's on start with the letter R or G?
Posted by Dylan
Bayou Barbary
Member since May 2009
3769 posts
Posted on 8/28/20 at 7:17 pm to
No it doesn’t.
Posted by Dylan
Bayou Barbary
Member since May 2009
3769 posts
Posted on 8/28/20 at 7:26 pm to
We have land a couple miles from this property. It’s around Gordon station road. You know anything about Charlie Brown road off of 27 in Hinds county near Utica? My dad owns 100 acres over there.
Posted by prostyleoffensetime
Mississippi
Member since Aug 2009
12509 posts
Posted on 8/28/20 at 8:27 pm to
quote:

How much income could you realistically expect from say allowing 100 acres to be planted?


Not much. You have a little Delta land in Claiborne county help, but I bet it’s still barely $50/acre. Better than nothing, but I guess you have to weigh your options. My family inherited about 300 acres around Utica. It wasn’t enough to be worth maintaining a cattle herd on it. I mean, I ran the numbers and it didn’t look too hard to make some profit. Land was paid off, excellent facilities, etc., but after you factored in that we live 100 miles from it, it just wasn’t enough to fool with. So being from the Delta and hearing about $125+/acre programs, I looked into doing CRP and having a little deer camp for me, brother, and guests, but I think Copiah county was like $35 or less. Just didn’t seem worth it to be locked in for X amount of years, so we just ended up selling it to another cattle farmer that was wanting to grow his farm.
Posted by Decisions
Member since Mar 2015
1635 posts
Posted on 8/29/20 at 4:51 pm to
I’m not a fan of the programs in general. Most places don’t have enough farmland/pasture to go around as is, so there should always be tenant options.

quote:

apply for CSP


I was talking to my NRCS guys the other day and heard that this didn’t get funded. Take it for what it’s worth.

How are the crops looking up there, Pro? Y’all weather the storm alright?
This post was edited on 8/29/20 at 5:27 pm
Posted by Cowboyfan89
Member since Sep 2015
13041 posts
Posted on 8/29/20 at 5:57 pm to
quote:

I was talking to my NRCS guys the other day and heard that this didn’t get funded. Take it for what it’s worth.

They lied. I can tell you that for a fact. Or they are just saying that because they are a state that doesn't do CSP.

Only about a third of the country activity participates in CSP. There is a small cluster of counties that does CSP in Texas. The joke about the program is that it's the "Central States Program" from what I've been told by guys I know with NRCS.
quote:

I’m not a fan of the programs in general. Most places don’t have enough farmland/pasture to go around as is, so there should always be tenant options.

That's why the idea is to take marginal cropland and pasture out with those programs. The reality of these programs is they were created to control commodity prices during the farming crisis by taking low yield acres out of production.

I've seen some acres that should definitely be in these programs and have no business being farmed. Half the time, the sugarcane planted on them gets left in the field because it's too wet. The farmer would rather chance it with cane than plant rice, and the landowners don't care because they are making $100/acre for cane.
This post was edited on 8/29/20 at 6:11 pm
Posted by prostyleoffensetime
Mississippi
Member since Aug 2009
12509 posts
Posted on 8/29/20 at 7:06 pm to
quote:

How are the crops looking up there, Pro? Y’all weather the storm alright?



From a yield potential standpoint, it’s all over the board. Probably the most bad looking stuff I’ve seen in a while, but there’s pockets where things look really good. I think it will all weigh out to be average, maybe a little better.

As far as storm damage, the east side of the Delta looks fine for the most part. A little corn with the top broken out of it, and I’ve seen a couple fields that are 50% on the ground, but that’s pretty isolated.

A few beans are lodging.

Cotton weathered it pretty well.

Posted by Decisions
Member since Mar 2015
1635 posts
Posted on 8/29/20 at 7:54 pm to
quote:

They lied. I can tell you that for a fact. Or they are just saying that because they are a state that doesn't do CSP.


It’s been done here before. I must have just misheard/understood them, then.

quote:

That's why the idea is to take marginal cropland and pasture out with those programs.


The idea is fine. I have no problems with truly marginal land which was just breaking people going out of production. The reality is I’ve seen several pieces of quality land go in which NEVER should have went in. I’m talking top-notch, class 1-2 soils which were levee protected. That’s utter BS.

At Pro: I hate to hear that about yields. Hopefully it all turns out alright. Our cotton also weathered pretty well, considering. At least the grain prices have finally rallied. We sold half of our stored corn yesterday.
This post was edited on 8/29/20 at 7:58 pm
Posted by turkish
Member since Aug 2016
2378 posts
Posted on 8/30/20 at 12:02 pm to
quote:

Charlie Brown
Haha. Actually, yes. I have property very very close to there. And I’m looking for more in the Utica area if anyone knows of any.
This post was edited on 8/30/20 at 12:05 pm
Posted by Sparetime
Lookin down at LA
Member since Sep 2014
972 posts
Posted on 8/30/20 at 10:50 pm to
Your must work for the government and apparently have never lived, worked, or serviced a contract in SW MS.

SW MS has more density of CRP tracts to acreage than almost anywhere in the nation. You know why? It was a beta in the original CRP legislation because of marginal farm ground being plowed directly into the lower MS delta because of erosion of upper loess soil. We planted cotton, corn, and beans on slopes a dual wheel tractor was scared to get on.

If it doesn't have a pine tree on it now, I promise someone at the NRCS office knows about it and wants to put a structure on it, and i promise you they get paid to print you out a contract.
Posted by Sparetime
Lookin down at LA
Member since Sep 2014
972 posts
Posted on 8/30/20 at 11:00 pm to
FSA doesn't approve EQIP........NRCS does. FSA approves food stamps, crop subsidies, etc. They subordinate to NRCS when conservation comes into account.

OP, contact NRCS and tell them you are wanting a study done on erosion control on your prospective property.

You could end up with a discount bass lake in the middle of pines with a large cabin overlooking multiple food plots. We have built dozens in Claiborne, Adams, and Wilkinson... most were 90/10s to the landowner.
Posted by Cowboyfan89
Member since Sep 2015
13041 posts
Posted on 8/31/20 at 2:18 pm to
quote:

FSA doesn't approve EQIP.

I didn't say they did.
quote:

FSA approves food stamps,

Lmao! No they don't.
quote:

They subordinate to NRCS when conservation comes into account.

No, NRCS does the technical aspects of the plan, but FSA manages CRP. NRCS has no control over when signups are announced nor does NRCS keep track of acreage caps.
Posted by Cowboyfan89
Member since Sep 2015
13041 posts
Posted on 8/31/20 at 2:20 pm to
quote:

and i promise you they get paid to print you out a contract.

I promise you, they don't. You realize how many different programs NRCS works on? And it doesn't matter if a contract gets written or not, they still get paid. I mean, they are government employees...lmao!
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