“We run about 200 head on 450 acres of crown land… it's a one year at a time lease option… we've had that for four years”
TF
The Food Farm
Profitable Farmer ·
“Their land is worth $2,500 an acre, which makes those acres worth something like two and a half billion dollars”
Monetary Matters with Jack Farley · Top Performing Value Investor Explains Why the Market Isn’t Overvalued and Hasn’t Hit the Blowoff Top Phase | Charles Lemonides | ValueWorks LLC
Play from 38:16
38:16
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What was described
Assess Texas Pacific Land’s land value at $2,500 per acre for its ~1 million acres
$2,500 per acre; ~1 million acres; ~$2.5 billion land value
Said nearby on the same subject
“For a property purchase of circa $700,000 annually, you're only really looking at about $1,500 for land tax, right? So about $30 per week”
MS
Matt Sharp
Geared for Growth Property Investing Podcast ·
“You must increase your seed population at least to 2 million seeds per acre. And just go plant. The thin spots try to save that field or those spots in the field because we don't want them producing nothing.”
♫
Said on Podcasts - RealAgriculture
“We’re looking at our bottom 20 percenter or tougher acres. So those tougher acres where we wouldn’t normally make an application because we don’t have the space for 120 foot boom, we now have an offering for that”
♫
Said on Podcasts - RealAgriculture
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