NASHVILLE, TENN. (RFD NEWS) — A massive New Mexico ranch purchase by billionaire Stan Kroenke is reshaping conversations around land values, agricultural control, and the future of rural economies across the West. According to The Land Report, Kroenke’s acquisition of more than 937,000 acres — the largest single U.S. land transaction in over a decade — made him the nation’s largest private landowner, underscoring how strategic investors increasingly view large-scale ranchland as a long-term asset.
Unlike row-crop farmland, much of Kroenke’s portfolio consists of working cattle ranches spanning New Mexico, Texas, Wyoming, Montana, Nevada, and Canada. These properties remain active grazing operations, tying the transaction directly to beef production, land stewardship, and regional livestock infrastructure rather than to passive landholding.
The purchase also reflects a broader trend among high-net-worth investors who see land as protection against inflation, volatility, and financial market risk. Analysts note that ranchland offers scale, water access, and income potential that appeal to long-term capital, particularly as Western land values continue to rise.
For rural communities, ownership concentration brings both stability and concern. Deep-pocketed owners can sustain operations during downturns, but large transactions can also influence land access, water rights, and local tax dynamics.
Farm-Level Takeaway: Large-scale land purchases signal rising competition for ranchland, reinforcing its value while reshaping long-term access and control in rural agriculture.
Tony St. James, RFD NEWS Markets Specialist
Where the Food Comes From producer Donna Sanders takes us along on a behind-the-scenes look at filming the show’s newest episode, “Clemson Blue,” where university cheesemakers reveal how they put the “blue” in their award-winning blue cheese.
October 26, 2023 09:00 AM
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It is in there, the mold — those rich blue veins in creamy blue cheese that make you either love it or loathe it — but how does it get there? This bonus scene from “Clemson Dairy,” Season 4, Episode 4 of
Where the Food Comes From, explains how and why that happens.
October 25, 2023 09:00 AM
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No, it is not some new college course — Clemson has been making blue cheese since 1941, and the product has developed a worldwide following and won some pretty big awards. With good reason — it is fantastic stuff. It is also fascinating to see how it is made. Check out this sneak peek look at the latest episode of Where the Food Comes From, “Clemson Blue.”
October 24, 2023 11:32 AM
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The machines do all the work at Hickory Hill Milk in South Carolina, and the pampered cows get on-demand service. The team at Where the Food Comes From shares a special, behind-the-scenes account filming the show’s newest episode, Robot Dairy, premiering this Friday, Oct. 20, 2023, at 9:30 p.m. ET on RFD-TV!
October 19, 2023 09:00 AM
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How does a robot milk a cow?
October 18, 2023 09:00 AM
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The machines do all the work at Hickory Hill Milk in South Carolina, where the pampered cows get on-demand service. They make a premium cream line of milk you still have to shake. It is so good it is used to make the world-famous Clemson blue cheese.
October 17, 2023 01:55 PM
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In today’s blog post, RFD-TV Agri-Legal Expert Roger A. McEowen shares some random thoughts on land value and transitioning your farming or ranching business to a new generation.
October 13, 2023 11:31 AM
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Today’s blog post by RFD-TV Agri-Legal Expert Roger McEowen takes a look at the “preferential payment rule,” a unique bankruptcy provision that can come as a suprise to farmers in financial distress.
October 13, 2023 10:54 AM
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Acquiring farm or ranch land, as well as the key concepts and issues are the topics of today’s blog post by RFD-TV Agri-legal Expert Roger McEowen.
October 12, 2023 03:01 PM
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