MWA: Murray Wise Associates

News & Insights

The Sierra snowpack is 33 times bigger this year than last year’s snowpack. This winter featured a long succession of storms crossing the Sierra Nevada mountains, leading to the large increase in snowpack. The added snowpack and heavier than usual rains in the Central Valley have equated to full water allocations for many water districts. [...]

CHICAGO, July 25, 2019 /PRNewswire/ Paine Wetzel Commercial Real Estate and MWA Capital Advisors have been hired by the Panagiotaros family to publicly market the 1.05-acre former Stanley’s Fresh Fruit and Vegetables property located at the corner of North Avenue and Elston Avenue on Chicago’s North Side. After serving several Northside Neighborhoods for decades, the family has [...]

By Eric L. Sarff For my first commentary at MWA, I thought it important to touch on trends I’ve seen recently in the Midwest farmland market and the reasons behind those trends. Trend 1: Midwest land prices have remained steady so far in 2019, despite numerous obstacles for farmers. It remains to be seen what [...]

Hardware Hawaii president, David Lundquist, today announced he has launched a search for a buyer of the Company. “I have never felt better and had more fun working with the Hardware Hawaii community,” said Lundquist, “But, I am not getting younger and after more than 40 years as president, now seems the time to look [...]

This past year, investment in (and development of) agricultural properties has continued at a rapid pace in South America, for both large farming companies and institutional investors. These farming companies and investors are looking to take advantage of the counter-seasonal aspects of farming in South America that allow them to provide products to U.S. supermarkets [...]

The March USDA citrus forecast projected 83.35 million boxes of citrus produced in the state of Florida for 2018-2019. This is a big uptick from the 49.55 million boxes produced in 2017-2018 after Hurricane Irma devastated citrus production in the state. This forecast is also an increase from the 78.23 million boxes produced prior to [...]

 The last six to eight months have been a bit of a rollercoaster for Midwest row crops with rising interest rates, softening commodity prices and overall uncertainty in the market due to trade relations. Despite these headwinds, the demand for farmland has remained strong this winter, and prices have maintained stability. There are a few [...]

A bipartisan bill, the “Family Farmer Relief Act of 2019”, has been introduced in the Senate to make Chapter 12 bankruptcies accessible to more family farms in need of debt relief. Our friends at Saul Ewing Arnstein & Lehr LLP have summarized the advantages this could provide small to mid-sized farming operations as compared to [...]

Farming operations are finding it more difficult to deal with current operating debt and to get approved for financing. This is demonstrated by the Chicago Fed AgLetter’s loan demand and funds availability indexes. To determine these indexes, ag bankers are asked whether conditions in the current quarter are better or worse than those of the [...]