NSW rural land performance : 1990-2008

The annual income return for rural property is based on two major factors being commodity prices and production yields. Commodity prices paid to rural producers can vary depending on the agricultural policies of their respective countries. Free trade countries, such as Australia and New Zealand are subject to the volatility of the world commodity markets to a greater extent than those farmers in protected or subsidised markets. In countries where rural production is protected or subsidised the annual income received by rural producers has been relatively stable. However, the high cost of agricultural protection is now being questioned, particularly in relation to the increasing economic costs of government services such as health, education and housing. When combined with the agricultural production limitations of climate, topography, chemical residues and disease issues, the impact of commodity prices on rural property income is crucial in the ability of rural producers to enter into or expand their holdings in agricultural land. These problems are then reflected in the volatility of the rural land capital returns and the investment performance of this property class. This paper will address the total and capital return performance of a major agricultural area and compare these returns on the basis of both location of land and land use. The comparison will be used to determine if location or actual land use has a greater influence on rural property capital returns. This performance analysis is based on over 35,000 rural sales transactions. These transactions cover all market based rural property transactions in New South Wales, Australia for the period January 1990 to December 2008. Correlation analysis and investment performance analysis has also been carried out to determine the possible relationships between location and land use and subsequent changes in rural land capital values.

La legítima sucesoria y la atomización de la propiedad rural en la Argentina

Resumen: La propiedad rural en la Argentina ha sufrido un proceso de pulverización ocasionado fundamentalmente por dos fenómenos: la venta de tierras y la división forzosa hereditaria. La excesiva subdivisión de la propiedad generada por las leyes sucesorias modernas ha sido no solo constatada por estudios recientes sino también, más atrás en el tiempo, por el propio autor de esas disposiciones legales, es decir, por Vélez Sársfield. Acercándonos a los ciento cuenta años de la vigencia del Código Civil argentino, se observa en la realidad que la aplicación del sistema sucesorio inalterado por este gran lapso ha conducido a una paulatina desaparición de la mediana propiedad rural y, como contrapartida, a la marcada aparición del minifundio y del latifundio. El autor menciona algunas reformas al Código Civil y algunos institutos creados con posterioridad a su sanción, como la unidad económica, que desafortunadamente no han detenido el proceso de atomización de la propiedad agraria y propone, en cambio, otros que podrían mejorar la situación presente, entre ellos, el aumento de la porción disponible por testamento cuya tendencia se advierte en el derecho comparado. La familia agropecuaria requiere de una propiedad estable con dimensiones suficientes para su sustento y para continuar poblando nuestro inmenso territorio.

Implantação de Reservas Legais: uma nova perspectiva na conservação dos recursos naturais em paisagem rural

According to the Forest Code of 1965, it is mandatory that every rural property destine part of its land to the establishment of Legal Reserves. When a diagnosis is made over all Brazil, the reality is quite different from what is demanded by law. Therefore, this work, as a general objective, proposes ways of establishing Legal Reserves based on the analysis of the environmental deterioration in a river basin. For this purpose, the environmental deterioration was detected based on three diagnoses: physical-conservational, socioeconomical, and environmental quality. In this way, from a quantitative and qualitative diagnosis, it was possible to identify the main aggressive factors in the studied river basin and to indicate the main vulnerabilities that the area is subjected. According to such diagnosis, some proposals for the establishment of Legal Reserves are discussed here based on scientific arguments aimed at the conservation of water resources, soil and biodiversity. It is hoped, that from this study, the environment receives a new tool for diagnosis, pollution control, recovery and conservation of natural resources.

Transformações no espaço rural do norte pioneiro paranaense: estratégias de resistência e/ou permanência dos agricultores familiares no município de Jacarezinho/PR

Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)

The impact of the law 10,267/2001 in the brazilian rural registration

The publication of the Law 10,267 of 08/28/2001 changed the paradigm of rural registration in Brazil, because this law known as the Law of Georeferencing has created the National Registration of Rural Property, that unifies in a common basis different registrations present in several government agencies, such as the National Institute for Colonization and Agrarian Reform (INCRA), the Secretariat of Federal Revenue, the Brazilian Institute of Environment and Natural Resources, and the National Indian Foundation. Also, this new registration system has a graphical component which has not existed until such date, where the boundaries of rural property are georeferenced to the Brazilian Geodetic System. This new paradigm has resulted in a standardization of the survey and its representation of rural properties according to the Technical Standard for Georeferencing of Rural Properties, published by INCRA in compliance with the new legislation. Due to the georeferencing, the creation of a public GIS of free access on the Internet was possible. Among the difficulties found it may be observed the great Brazilian territory, the need for specialized professionals, and especially the certification process that INCRA has to perform for each georeferenced property. It is hoped that this last difficulty is solved with the implementation of the Land Management System that will allow automated and online certification, making the process more transparent, agile and fast.

Aplicação de técnicas alternativas para recuperação de foco eosivo em área rural situada no município de Álvares Machado – SP Presidente Prudente 2012

When handling soil conservation practices isn’t applied correctly, they cause problems at the level of structure, cohesion and fertility in soils and lack of water availability. In the case of this monograph, conducted in a rural property located at Álvares Machado City, identified that most areas are intended for use activities of beef cattle and dairy and subsistence agriculture, which historically addition to withdraw native flora, resulting in problems such as compaction and increase soil exposure to climatic agents, generating a serious frame of erosion problems. In the case of water from rainfall, the soil exposed, causes the “splash” effect and therefore when it becomes runoff carries the spalled particles mainly for low land areas. Without the vegetation, especially trees or shrubs species, the velocity of runoff increases, initiating the appearance of furrows, which consequently may become a kind of ravine erosion and gully, which makes invalid any area in your surroundings... (Complete abstract click electronic access below)

Energetic exploitation from a hybrid PV-wind power micro-generation rural electrification

Hybrid system micro-generation integration of PV-wind power is presented by a form of energy in which problems resulting from variability in the intensity of wind and solar intensity are possible mitigation either by complementation between one source to another or the largest stability configured by the generate the system. Based on this context, this work aims to assessing the performance of a hybrid system PV-wind power energy small of a rural property for their electrification. The study has been developed at the Rural Laboratory Powering from Engineering Department of UNESP. In order to present this research, a hybrid system has been installed PV-wind power, composed of one 400Wp windmill and a 300 Wp PV-system. The results obtained allowed us to evaluate the solar and wind energy supplied ranked among 285 and 360 kWh electric power generated by the PV-wind power hybrid system stood between 25,5 and 31 kWh. At is to say achieving yield of approximately than 10% during one year observation period, i.e., it was concluded that the performance of the hybrid system depended essentially the energy received and generated by the PV-system and that there was complementation between generating wind power and PV-systems with regard to time of day and the annual seasons by confirming the technical feasibility of this kind system of micro-generation in small rural properties.

Occurrence of Lutzomyia longipalpis (Phlebotominae) and canine visceral leishmaniasis in a rural area of Ilha Solteira, SP, Brazil

Fundação de Amparo à Pesquisa do Estado de São Paulo (FAPESP)

Geração de energia por microturbina alimentada à biogás em uma propriedade rural: estudo de caso

Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)

As políticas públicas ambientais e a dinâmica do espaço rural no município de Araras (SP)

Historically the evolution of the occupation of ararense territory was due to the expansion of agricultural activities. Such activities were intensified with the transformations engendered by the Green Revolution, increasing the exploitation, the area occupied by agriculture and the deforestation and consequent environmental degradation. Therefore the current reality of rural areas in Araras/SP has shown that part of agricultural practices made it does not guarantee the effectiveness of environmental legislation and the sustainability of farms. Considering the recently implemented environmental policies, such as Law nº 12.651 / 2012, better known as New Forest Code and Decree nº 8.235 / 2014 establishing a period of one year to rural property registered with the Rural Environmental Registry (CAR), as tools targeting to reduce environmental degradation and contribute to building a sustainable rural development. This work aims to analyze the dynamics of the rural municipality of Araras on the environmental situation in some rural properties and actions to be taken by the owners to the full compliance of its properties before the environmental public policy

A comparison of farmland returns in Australia, Canada, New Zealand and United States

Rural land is still a major property asset class and rural commodity production is an important domestic and export market in all economies. This paper carries out a comprehensive analysis of both rural production and land prices in four major rural production countries. The study compares rural property values in Unites States, Canada, Australia and New Zealand over a period 1990 to 2005 and analyzes and compares the capital return and total return performance for rural land in these four countries. The analysis allows a comparison of farm land returns for both a subsidised and non-subsidised farming policy to determine if levels of farm support result in variations in farm profitability and therefore farm land values.

An Analysis of UK Farmland : 1981-2004

The importance of agriculture in many countries has tended to reduce as their economies move from a resource base to a manufacturing industry base. Although the level of agricultural production in first world countries has increased over the past two decades, this increase has generally been at a less significant rate compared to other sectors of the economies. Despite this increase in secondary and high technology industries, developed countries have continued to encourage and support their agricultural industries. This support has been through both tariffs and price support. Although the average farm production property may require this support to maintain long-term production, the better farms can actually achieve production levels and commodity prices that result in these units being competitive on a free market basis. This paper will analyse the total return performance of UK farmland over the period 1981-2004. This analysis will compare the total return from rural properties in the UK and compare this performance to commercial property returns (total, office, retail, industrial), equities and gilts over this 24-year period. The analysis will be based on the IPD UK let land index and the IPD property index. The portfolio diversification and risk-reduction benefits of UK farmland will be highlighted. The analysis shows that rural property has negative correlations with equities and gilts, as well as insignificant positive correlations with retail, industrial and office property. Rural property also provides portfolio diversification benefits.

Role of farm real estate in a globally diversified asset portfolio

Purpose - The paper examines the benefits of further diversifying a global portfolio of financial assets with New Zealand farm real estate (FRE). ---------- Design/methodology/approach - We compare efficient sets generated with and without farm real estate using portfolio theory. ---------- Findings - The results show that given the predominantly negative correlation between FRE and financial assets, the risk-return tradeoffs of portfolios of financial assets can be improved significantly. The diversification benefits measured in terms of risk reduction, return enhancement, and improvement in the Sharpe performance ratios are robust under a number of FRE risk-return scenarios as well as under high and low inflationary periods. Using 5- and 10-year rolling periods we also find that FRE is a consistent part of risk efficient portfolios. Consistent with the results reported in Lee and Stevenson (2006) for UK real estate the risk reduction benefits of diversifying with FRE are larger than the risk enhancement benefits. ---------- Practical implication - The results suggest that FRE takes on a consistent role of risk-reducer rather than a return-enhancer in a globally diversified portfolio. FRE appears to deserve more serious consideration by investment practitioners that it has been accorded in the past. Originality/value – The study examines the role of direct real estate in a globally diversified portfolio of financial assets.

Black v Garnock : implications for Queensland conveyancing practice

What was previously established as a fundamental principle, that a judgment creditor may take no interest beyond what the judgment debtor could give, has now been called into question by the decision of the High Court in Black v Garnock [2007] HCA 31. This article examines the implications of the decision of the High Court for conveyancing practice in Queensland. The relevant facts of Black v Garnock [2007] HCA 31 may be briefly stated: The Garnocks and the Luffs, as purchasers, entered a contract to purchase a rural property from Mrs Smith with settlement due on 24 August 2005. On 23 August 2005, a creditor obtained a writ against Mrs Smith from the District Court of New South Wales. No caveat was lodged on behalf of the purchasers prior to settlement (there being no equivalent, in New South Wales, of the Queensland settlement notice mechanism).