Tag Archives: calendar
Burt County Land Prices Rise Above Average
Burt County Land Prices climb Burt County land prices reach some of the highest values in Northeast Nebraska in 2013. Posted: Sunday, September 22, 2013 6:05 pm | Updated: 6:20 pm, Sun Sep 22, 2013. Jamie Horter, Editor Lyons Mirror-Sun lmsun@abbnebraska.com The average value of farmland in Northeast Nebraska topped an average of $6,165 per acre this year, up 24% over last year according to University of Nebraska Department of Agricultural Economics. Irrigated cropland in the Northeast part of the state is valued at $8,715 per acre. Tillable pasture land stands at $3,575 per acre. Dryland crop ground (without irrigation) averaged $5,995 per acre. In Burt County, land is trending higher than the average for Northeast Nebraska. Recent sale bills from selected Burt County auctions are outlined in the table. Land prices have increased 126% over the past five years in Northeast Nebraska. The University of Nebraska has reported that three factors have played a heavy influence on the increase in land prices. Crop prices have played the greatest influence. Additionally, post-drought price spikes in grain markets in 2012 resulted in land price boosts up through the beginning of 2013. Active farm buyers looking to expand their large farming operations play a significant factor in increasing land values. Such buyers tend to have a dominance in local markets, where the buyer side is reduced to a small number of large operations. They report that federal farm program direct payments are not believed to have an effect on land values. Direct payments are paid to farmers by the federal government regardless of price or production. However, the report acknowledges that federal farm subsidies for crop insurance are capitalized into land values. The federal government pays, on average, 62% of the premiums for crop insurance. As land prices continue to increase, this can be challenging for local beginning farmers seeking to get started. Virginia Meyer, Rural Organizer at the Center for Rural Affairs in Lyons, works to help beginning farmers get started. She notes three primary ways in which beginning farmers gain access to land. Some beginning farmers lease land from family members. “Most medium to large scale beginning farmers are able to access land through family connections and working with family members who are cutting back or retiring from farming,” Virginia noted. Beginning farmers without access to family-owned land have the greatest challenge. “They compete for leases against bigger farmers who can pay more to lease the ground. I’ve heard of beginners leasing less-than-desirable ground because the bigger farms are not interested in that ground.” This includes land that is hilly, rocky, and has poor soil quality. A third group of beginners opts to add value into working less land. They may choose to grow vegetables and fruits or raise poultry and other small livestock. “Beginners can generally afford smaller acreages while large tracts of land are out of reach,” she explained. Though the value of land is currently on the rise, the University of Nebraska reports that net rates of return, however, have been on a steady decrease since 1990. In Northeast Nebraska, the net rate of return for irrigated land in 1990 was 6.9%. In 2013, it is almost half that, at 3.8%. That means that for land priced at $10,000 per acre, the return on investment would be $380 per acre in annual net earnings. Currently, the rise in land values has not hindered buyers from purchasing land to expand their operations. If sharp downturns are experienced in annual returns to land, or if interest rates were to rise, a decrease in land value could occur. For now, property owners in Burt County continue to see some of the highest land values in Northeast Nebraska. Continue reading
More Money Toward Renewable Heating in the UK
It’s tricky to keep track of all of the funding, programs and incentives the U.K. is providing for biomass and other renewable heating technologies, and here’s yet another to add to the list: the DECC just made available £6 million in grant funding to help local authorities in England and Wales develop new heating and cooling networks, and expand existing networks. To win a share of the funding, local authorities must bring forward “ambitious and innovative proposals” to develop and deliver heat networks that draw as much heat energy as possible from renewable, sustainable or recoverable sources. If an application is a realistic commercial proposition but fails to meet certain criteria, the DECC will offer advise on how to improve the application. Wouldn’t it be amazing to see even a portion of level of support the U.K. receives, in the U.S.? Not just funding or tax breaks or incentives, but how vocal and adamant the government is about renewable energy, and its exertions to educate the public. Unfortunately, our government can hardly figure out how to fund itself. On that note, I’ll leave you with something a scientist from the U.S. DOE once said to me…”In [the U.S.], 50 to 60 percent of people don’t believe in climate change, and that’s a huge barrier to overcome…I think the only way it’ll be overcome is if a huge piece of Greenland slides off into the ocean and disrupts the Gulf Stream; something will have to get people’s attention and make them realize we’d better take action.” Continue reading
Metso Signs For Swedish Biomass
[background=rgb(0, 128, 1) !important]23/09/2013[/background] Finnish company Metso is to supply a biomass-fired combined heat and power plant for Oskarshamn Energi in Sweden. The plant in the municipality of Oskarshamn will have a thermal output of 17.2MW for district heating, a process steam output of 4MW to local industry and an electrical output of 3.8MW. The project, which will use local forest residues such as bark and wood chips as fuel, is scheduled to go live in winter 2015 and the value of the contract has not been disclosed. “There is great interest in district heating and our customer base since 2007 has grown far beyond our expectations,” said Oskarshamn Energi managing director Jöns Wahlström. “This has meant that production has increased by 50% and that is one of the reasons that we now invest in a new power plant. When the new plant is commissioned almost 99% of district heating at Oskarshamn will be produced with renewable biofuels.” Metso will install patented BioGrate combustion technology and be responsible for training and commissioning. The plant automation will be based on Metso’s DNA technology and the company will also supply a flue gas condenser and ventilation system. “Metso has been working with Oskarshamn Energi for several years to find an optimal solution for their increasing demand to supply district heating,” said Metso sales director for power Mikael Barkar. Oskarshamn Energi is owned equally by Oskarshamn Municipality and Eon Sweden AB. Image: the plant will use wood chip and bark as fuel (Metso) Continue reading
