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Who can afford to buy land?

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Published: July 6, 2017

BRANDON — Fall Line Capital agent Scott Day says the company he works for is filling a void in farming country.

“There are large tracts of land for sale in cattle country, but nobody’s buying,”he said.

“The ranchers have gone out of business, and there’s nobody in the area who can afford to step in.”

Day said these are the types of areas where his company operates.

Fall Line buys land, puts together an agronomic plan that fosters the health of the land and then leases the farm to a producer who will farm it according to that plan.

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“The second farm we bought in Montana was a large property owned by a billionaire family who only used it for hunting,” he said.

“They owned 14 of these giant properties across the U.S. and just used them for hunting.

“When we took it over we put about 6,000 acres back into crop production. Then we broke the rest up into manageable parcels and put it up for auction. The parcels were bought by two of our tenants and two other farmers in the local community.

“It’s especially beneficial to the local economy when we take land that’s been sitting idle and put it back into agricultural production.”

About the author

Ron Lyseng

Ron Lyseng

Western Producer

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