Faulkner Real Estate Blog

Many farmers in the Western Kansas and Eastern Colorado region have expressed concern to me about the millions of acres to come out of CRP in the coming years. In 2009 alone we saw thousands of acres come out of the program and much of it come up for sale. Many feel that the increase in supply will decrease demand. While this theory is well proven and mostly true. Currently there has not been enough over supply to decrease demand. 

In fact in some cases it is causing the opposite reaction. Many farmers are seeing this an an unprecedented opportunity to obtain the land they've sought for years that was tied up by CRP and absentee owners. Now that CRP is not as a viable investment option for the absentee they are selling their land, for great prices and moving on to other investments. This leaves a great opportunity for the local farmers to add acres to their farm.

If you know anyone considering selling land that is currently enrolled in CRP or recently out of CRP please let me know. If you fear your land is coming out, but don't want to sell let me know as well. I have tenants looking for more land that will pay rents similar to the income you were receiving while in the CRP.