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A collection of 9 posts

Feeding the Wildlife Isn’t Free

Feeding the Wildlife Isn’t Free

As discussed below, in private lands wildlife management, “No good deed goes unpunished”. NOTE: this article was originally published to Onland.WesternLandOwners.org on May 4, 2023. It was written by Billy Whitehurst. We Call This the Ranch’s Catch-22: the Better the Job We Do, the More of a

LANDLOCKED!

Here is a good discussion of “Access”. NOTE: this article was originally published to FayRanches.com on October 31, 2021. It was written by Cheryl Summer, Associate Broker, Licensed in WY, MT. There is a well-worn phrase in the modern lexicon of the west: Legal Access. Fifth-generation ranchers know all

Merry Christmas from Pitchstone Waters

Merry Christmas from Pitchstone Waters

“A Merry Christmas to us all; God bless us, every one!”

A Beginner’s Guide to Buying a US Ranch

A Beginner’s Guide to Buying a US Ranch

Here is a British financial analyst’s take on U.S. ranch ownership, which gets it partly right. While most ranches don’t produce annual cash returns that remotely reflect their market value, that doesn’t make them poor investments. This is also true of many kinds of commercial and

Eco Profits - Whose Money Harms The Environment?

Eco Profits - Whose Money Harms The Environment?

Author Dan Dagger says in part, “Environmental corporatism is guilty of the same offense of which it has made a career of accusing capitalism, the free market, and private enterprise: Getting rich at the expense of the environment. And its consumers are just as blind to the damage they cause

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Land-Rich Farmers Still Struggle to Survive

Heavy subsidies of agriculture have not made farming and ranching profitable. Nor can they. NOTE: This post initially appeared on WSJ.com on December 21, 2016 The farmer is the only businessperson who buys his inputs at retail and sells at wholesale, all the while hoping (and praying) for good

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habitat restoration

How to Buy a Cattle Ranch in the US: Don’t Get Emotional

The best ranch values in the United States, by far, are found in far-West Texas. NOTE: This article initially appeared on FT.com on October 7, 2016 The price of ranches has fallen but Wild West romantics and would-be cowboys beware — they won’t make you much money Jason Spaeth

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"Invasion Biology"

How the West Was Won: Selling of the Waggoner Ranch

The “80-20 Rule” states that typically, 80 percent of business profits come from 20 percent of total efforts. This simple insight is the single most powerful of all money-making principles. In ranching, 80 percent of total profits come from the capital appreciation of the asset. The idea that ranching can

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AIAR Far-West Texas Reunion

My brothers and I hosted our high school graduating classes for a far-West Texas reunion. We spent two nights at Circle, two more at Cibolo Creek, one night in the Chisos Mountains and our last night in Fort Davis. Our classmates came from around the world. They could not believe