Mid-October 2024 TRFS Update

NO TRICKS, JUST TREATS – DISCOVER OUR LATEST PROPERTY UPDATES!

NEW! Lost Creek Ranch is a stunning 372± acre property situated in the heart of the Hill Country. This expansive ranch offers a blend of natural beauty, privacy, and modern comfort, making it an ideal retreat or permanent residence. With impressive elevations, ranging from 1,640'± to 1,920'± above sea level, the property boasts breathtaking 360° views of the surrounding landscape.

PRICE REDUCTION! Pecan Creek Ranch is 441± acres and is located in one of the more sought-after areas of Gillespie County. This raw-land ranch is a blank canvas featuring both sides of prized Pecan Creek, which runs through the middle of the property. The creek is a tremendous feature and a rare find when considering live-water ranches in close proximity to town.

UNDER CONTRACT! Second Chance Ranch is a sprawling 108± acres in the heart of the Texas Hill Country, conveniently located just 5± miles north of Stonewall and 15± miles east of Fredericksburg. The focal point of the ranch is a beautifully crafted 3,530± sf Spanish-style home resting on a large hilltop overlooking tremendous Hill Country vistas. The tastefully appointed home is an architectural masterpiece and includes amenities such as multiple guest quarters, an infinity-edge swimming pool, and turf putting green.

CHECK OUT THE LATEST TEXAS DROUGHT CONDITIONS!

We're continuing to closely monitor the Texas drought conditions. Texas has seen recent rainfall which has helped the state avoid serious drought concerns. The state is showing 4.58% exceptional drought conditions. Extreme drought conditions are have increased to 16.28% statewide. Stay informed about current water conditions.

RANCH NEWS ARTICLES!

You can see the latest ranch news articles under “Resources” then go down to the “Ranch Articles” tab. The latest article discusses the "solar boom" in Texas. Read more. These articles are also featured in our bi-weekly email newsletter.

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Texas Lawmakers Introduce Program to Help Ranchers Affected by Natural Disasters

A farm bill proposal that would extend aid through the Livestock Indemnity Program (LIP) to include losses of unborn animals due to weather-related disasters

Two Texas lawmakers proposed legislation under a farm bill proposal that would extend aid through the Livestock Indemnity Program (LIP) to include losses of unborn animals due to weather-related disasters.

U.S. Sen. Ted Cruz and U.S. Rep. Ronny Jackson, who represents the Panhandle, introduced the Senate and House versions of the Livestock Indemnity Program Enhancement Act last week.

The legislation comes after the Panhandle experienced the state’s largest wildfire and one of the largest in the nation earlier this year.

Thousands of cattle, including bred cows, were lost in the fires.

“Texas ranchers are the backbone of the Texas agriculture industry. After wildfires engulfed the Panhandle earlier this year, at least 7,000 cattle perished. These fires devastated Texas ranchers, who are now struggling to rebuild,” Cruz said. “I am proud to introduce legislation to strengthen the Livestock Indemnity Program. This will give Texas cattle producers the relief they need to build back their herds and restore this pillar of Texas agriculture.”

The proposal would add a Livestock Indemnity Program payment rate specifically for unborn losses in gestating livestock.

Currently, livestock owners receive 75% of the market value of livestock lost if they provide documentation, including wildfires, that directly caused the animal’s death. Those losses do not cover unborn livestock.

“While the Livestock Indemnity Program will assist affected livestock producers with cattle losses due to the wildfires, their recovery has been set back several years due to the limitations on the program’s ability to compensate for unborn livestock losses from the loss of pregnant livestock,” Jackson said. “By creating a payment rate for unborn livestock losses, we can better assist our producers, helping them recover quicker and mitigating the long-term effects of these wildfires.”

If passed, the change would apply to losses since Jan. 1.

Texas Farm Bureau (TFB) supports the legislation.

“As Texas farmers and ranchers continue working to recover from devastating wildfires, it is critical to provide as much assistance and flexibility as possible to help them get back on their feet,” TFB President Russell Boening said. “We thank Sen. Ted Cruz and Congressman Ronny Jackson for introducing the ‘Livestock Indemnity Program Enhancement Act’ to compensate ranchers who lost unborn calves due the wildfires.”

In addition to TFB, the legislation is supported by the American Farm Bureau Federation, National Cattlemen’s Beef Association and Texas and Southwestern Cattle Raisers Association.

Read the full bill text.