NAVIGATION

December 12, 2017
Pasture-ized: Hundreds of thousands of northwest Florida acres go from timber to pasture

Photo:

AgReserves has shipped 800 cattle to its northwest Florida property.

Northwest Florida Roundup

Pasture-ized: Hundreds of thousands of northwest Florida acres go from timber to pasture

Rural Florida series

Carlton Proctor | 8/28/2017

In 2014, in one of the largest private land sales in Florida history, Utah-based AgReserves, a tax-paying affiliate of the Church of Jesus Christ of Latter-day Saints, bought 383,000 acres from St. Joe Co. for $562 million.

The St. Joe acquisition included hundreds of parcels spread across Bay, Calhoun, Franklin, Gadsden, Gulf, Jefferson, Leon, Liberty and Wakulla counties.

The deal swelled AgReserves’ holdings — it also owns the 295,000-acre Deseret Ranch in central Florida — to 678,000 acres, or more than 1,060 square miles, making it the state’s largest private landowner [“Land Lord,” FloridaTrend. com, January 2015].

Since the 2014 purchase, AgReserves, which operates one of the nation’s largest cow-calf operations at Deseret Cattle & Timber, has been steadily converting its Panhandle properties from timberland to pasture.

Deseret currently has more than 44,000 head of cattle on its 295,000-acre central Florida ranch site. The first herd of 800 cattle recently has been shipped from Deseret’s ranches to its Bay County pastureland, with more cattle expected to arrive later this year, says AgReserves spokesperson Vicki Johnson.

“The focus has been on creating pasture land for cattle grazing. That’s been the plan from the beginning and it’s just a matter now of implementing that plan,” says Johnson.

Johnson adds that AgReserves has no plans for residential or commercial development.

Meanwhile, the company has announced plans to build new northwest Florida corporate offices near the Gulf County town of Wewahitchka, after considering a site in Bay County, says Martin Jacobson, community development director for Bay County.

See other stories from Florida Trend's September issue.

Get Florida Trend's September magazine – print or digital. Select from these options:

EXISTING
DIGITAL
SUBSCRIBERS

Access Article Now!

DIGITAL
SINGLE
ISSUE

Get a single DIGITAL copy of this issue

$4.95

PRINT
SINGLE
ISSUE

Get a single PRINT copy of this issue

$4.95
plus $3 postage & handling

PRINT SUBSCRIPTION

One year in PRINT

$14.98*
plus a FREE gift!

DIGITAL SUBSCRIPTION

One year DIGITAL

$14.98*
plus a FREE gift!

ALL ACCESS SUBSCRIPTION

One year Combo
PRINT + DIGITAL

$24.95*
plus a FREE gift!


CURRENT  PRINT  SUBSCRIBERS

If you are already a print subscriber,
ADD DIGITAL EDITION ACCESS
to your existing subscription here!
(or call our office at 727-892-2643)

* offer valid for new subscribers only

Tags: Northwest

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single digital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

'Yule' love it in Christmas, Florida, where seasonal spirit surrounds
'Yule' love it in Christmas, Florida, where seasonal spirit surrounds

It's more than just a census-designated spot in the road. It's Christmas, Florida, and here's a handy-dandy 12 Sites of Christmas list you'll want to be on. Or in.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Fallout from #MeToo: Should people in positions of authority err on the side of caution and stop taking solo meetings?

  • No, ridiculous thought
  • Maybe (judgment call)
  • Yes, always good idea

See Results

Ballot Box
Subscribe