Leading a business shares several key attributes with piloting an aircraft. Both roles require vision, strategic planning, adaptability, strong communication, and the ability to navigate through unexpected challenges.
Read More
Scythe & Spade would like to warmly welcome Sidnee Rose Hill to the Scythe & Spade family as our new Financial Analyst. Sidnee will be supporting Scythe & Spade clients both internal and external farmland acquisitions/dispositions real estate activities, due diligence studies, and market research.
Read More
Clarifying NCREIF Return Figures
Read More
US Row Crop Farmland shows signs of cooling in the first two quarters of this year according to the latest NCREIF data. As can be seen above, the quarterly [appreciation rate of 1.0% is down from 2.4% the previous quarter, while the latest year-on-year increase (sum of current and previous three quarterly figures) is 8.7%, down slightly from 9.0% the previous quarter.
Read More
In the fast-paced and increasingly competitive world of Ag Investing, organizations are constantly seeking innovative ways to boost productivity, achieve targets, and foster a collaborative work environment. From our founding in 1998, we have implemented and strived to support a team-based sales and service culture, but like any strategy, there are both pros and cons of such a culture.
Read More
Scythe & Spade would like to warmly welcome Rosalie Hagglund to the Scythe & Spade family as our new Systems & Services Analyst
Read More
There is still a tremendous amount of snowpack to melt off.
Read More
In the pursuit of personal and professional growth, two powerful forces come into play: mindset and skillset. Both are essential components that contribute to our success and shape our ability to navigate challenges effectively. One without the other is severely limiting. However, if interconnected, mindset and skillset can play distinct and synergistic roles in our journey towards achieving our goals.
Read More
It's humbling to think the skills developed fishing for big fish may be valuable in daily work activities, …or maybe I’m just justifying my love of fishing.
Read More
Helene Cser, our Systems & Services Manager, was recently married to Michael Fulton on a beach in Jamaica. This is her unique take on marriage, contracts, and teamwork. …And congratulations to Helene from her Scythe & Spade Family!
Read More
Teams play a crucial role in all organizations, not just sports. After the Princeton upset over my Arizona alma matter, Princeton Coach Henderson spoke “not of lucky breaks but of a plan, generations in the making, Pulled off.”
Read More
Don’t count your snowpack chickens yet…
Read More
The outlook for Idaho surface water irrigation as of 3/1/23 is much improved along the Snake and Boise River systems for 2023 vs the previous two years due to above normal snowfall and precipitation in the current water year, however the central and panhandle regions of the state remain below normal.
Read More
There has been much speculation as to how long these high appreciation rates will continue and when they might revert to the mean or possibly even decrease. We still don’t know the answer to that as year-on-year annualized returns remained near the peak of 10% for the fourth consecutive quarter.
Read More
Over the past five or six years, much of my hunting has been centered around taking my sons and helping them gain the same appreciation that my Daddy passed to me. With this in mind, in addition to my own pursuit of becoming a better hunter, I’ve found that being prepared and gaining as much knowledge as possible are major factors in being successful.
Read More
Scythe & Spade is proud to announce the addition of Gavin Doss as our new GIS Systems Analyst. Gavin will be supporting the GIS needs of Scythe & Spade clients both internal and external farmland acquisitions/dispositions real estate activities, due diligence studies and farm management services, as well as further developing Scythe & Spades vast proprietary FarmBase™ GIS, GPS, and relational databases and analytics system.
Read More
The CAP or Capitalization rate for investment farmland is simply the cash rent or total income divided by the asset value. It is a simple measure of returns to investment that allows comparison not only between regions and farmland types, but also with other assets such as stocks or commercial property. It can also be a measure of perceived risk, with investors demanding a higher CAP rate for those assets perceived to be more risky. What we see in the chart below is a re-ordering and clustering of regional returns from the year 2000 up through Q3 2022.
Read More
US farmland values have been on a tear for the last year and half, increasing at rates not seen since 2011 – 2012, when drought and short supplies drove agricultural commodity prices to new highs. The current run up in prices has numerous drivers, including drought last year in the EU and China, drought in the US and China this year, war in Ukraine disrupting grain shipments in the Black Sea, and, not least, monetary inflation hitting numbers not seen since the early 1980’s.
Read More
The late rains moved the 2022 inventory from having the second lowest peak since the mid 1960’s to maintaining a higher daily inventory than the previous nine driest
Read More
We are excited to announce the addition of our new Delta Regional Director, Addison Taylor, to the Scythe and Spade family.
Read More