A Quick Introduction to Utah Farms & Ranch Land

Utah is home to some spectacular landscape and is well-known for its outstanding living standards. Many people might head this way to enjoy world-class ski resorts and recreational activities. But some investors are keen to enjoy an authentic Western experience and work the land. 

Utah ranches for sale

The Beehive State is home to over 18,000 farms, with agricultural land accounting for over 11 million acres. This presents many exciting possibilities for new and experienced ranchers alike. This post will take a closer look at Utah farms and ranch land and how they play a pivotal role in Utah’s economy.

Facts about Agriculture in Utah

Livestock and livestock products account for the largest share of the state’s agricultural receipts. There is a massive demand for high-quality beef and milk products, with cattle sales reaching around $380 million last year. 

The range of crops, fruits, and vegetables that grow in the state is as diverse as the landscape. In terms of yields, hay is the largest crop and is used predominately to support the beef and dairy cattle producers. Wheat, barley, onions, potatoes, apples, and peaches are all products that generate sizeable income streams. Utah is also the second-largest tart cherry producing state in the country. 

As you can see, Utah might not generate the massive receipts of states like California, Texas, and Nebraska, but it is certainly a viable and sustainable option for ranchers. 

Opportunities for Ranchers

If you are new to ranching, one of the best options is leasing parts of your land. Some ranches that are on the market may come with existing arrangements, and they are excellent sources of regular income. Depending on the type of lease, you may have no work to do at all. Some ranchers lease land for grazing and while others will have more extensive leases in place where the cattle herder is responsible for looking after that plot of land, maintaining the fences, and removing weeds, etc. It is a great way to support the local industry while creating a nice income stream. 

Larger ranches may be ideal candidates for running large-scale cattle businesses. If you are new to the game, it would be worth consulting or hiring a ranch management company to help create a land management strategy, irrigation, and rotations.

Utah has a thriving nursery and potted plant industry, so running a hobby farm might be an option for some owners. Growing fruit and vegetables is a rewarding activity for people of all ages, with some ranchers opting to sell some of their produce at the local farmer’s markets that are popular throughout the state. You can enjoy a relaxing hobby that allows you to get into nature while also creating a viable business.

It is worth noting that ranches and farms classed as agricultural properties may benefit from lower property taxes. In Utah, agricultural properties are taxed on their production capabilities rather than their market value.

About mirrranchgroup

Mirr Ranch Group is a leading ranch broker and ranch real estate agency in the American West and Patagonia. We uniquely provide comprehensive services of larger firms for sellers, buyers and owners of rural real estate and ranch land, while still offering the personal touch of a small-town brokerage. We have Colorado ranches for sale, Wyoming ranches for sale, Montana ranches, New Mexico ranches and Utah ranches for sale, plus Patagonia land for sale.

Posted on August 5, 2020, in Info Article, Utah Ranches for Sale and tagged , , . Bookmark the permalink. Leave a comment.

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