Signing a contract to put wind turbines on your property can bring in some significant money. However, there are things to keep in mind as a landowner before picking up that pen.
“That lease that you are agreeing to with that wind tower company is really going to set the structure for the terms of that contract,: the length of time, the payment schedule, if there’s damages, and the access points. There are a lot of things that need to be negotiated. Educating yourself, doing your due diligence as a landowner to familiarize yourself. Keeping your farm operator in the loop as well is going to be very important as you start thinking about entering into these contracts. We’ve certainly seen a flurry of them here in the Midwest. It’s very important to understand how that wind tower and that lease is going to affect your land value and your land asset for years to come,” said Spencer Smith.
Smith says he has seen contracts pay out anywhere from $2,000-$5,000 per megawatt per tower, with a typical lease running upwards of 30 years.
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The changing political climate in America is leading to a drop in migrant crossings near the U.S.-Mexico border, where ranchers like Dr. Mike Vickers say they witnessed horrors from death to child trafficking.
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Record milk output looks strong today, but shrinking replacement numbers mean future supply adjustments could be faster and more volatile.
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A rapidly intensifying winter storm is expected to develop into a bomb cyclone this weekend, affecting the Southeast, southern Virginia, and potentially parts of the mid‑Atlantic and New England.
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Brent Graves of StockShowAuctions.com takes us to Grayson County to see the damage from a historic winter ice storm and what it will take to rebuild.
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Strong blending demand continues to support ethanol use even as production and exports fluctuate.
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