Two Montana Ranches Profiled by The Wall Street Journal

A technology entrepreneur is putting his two central Montana cattle ranches on the market for $14.5 million and $14.95 million. The sellers are Bill Cruz and his wife, Patricia. Born in Havana, Mr. Cruz, 56, co-founded a software trading firm, later called TradeStation Group, with his younger brother. The company was sold to Monex Group for $411 million in 2011. Mr. Cruz said he bought an RV and searched the country before buying Eagle Creek Ranch in 2005. Read the full story here.

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The IX Ranch—No “Fixer Upper”

The IX Ranch is not a ranch requiring more capital expenditures after its purchase. It’s not like the situation often found among ranches for sale, a place that’s been let go because the owner is “over it” and has fallen off in his ranch maintenance, repair and reinvestment.

For example, it’s haying season in North Central Montana. Equipment needs to be in top condition to get through weeks of cutting, raking, bailing, hauling hay on fields over the ranch’s many miles. So, the IX just spent close to $300,000 on new haying equipment. It recently arrived on the ranch and includes a number of items from a $25,000 rake to a $120,000 tractor.

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Legendary Montana Ranch Improves Irrigation System

By: Dave Johnson

The IX Ranch, the legendary Montana legacy ranch for sale,  is making its largest pivot irrigation sprinkler more user friendly, Eco-friendly and less expensive. The current diesel powered pump is being replaced with an electric motor.

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To do so requires pulling 3-phase electrical service into the pivot center under ground. It’s expensive but worth it. This will obviate the need for either a double-wall fuel tank or a containment structure under the 2,000 gallon tank.

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It will reduce operations and labor expenses as well, such as every 10 days oil changes and fuel monitoring and supplying. The payoff will be over time into the future. But investing for the long-term sustainability of the ranch has always been a hallmark of the IX.

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This professionally managed operation runs a cattle herd of 4,300 and covers over 126,000 acres, of which 59,809 is deeded and the majority of the balance being State grazing leases. Besides its position as one of Montana’s great cattle ranches, the IX boasts sizable  populations of elk, mule deer, whitetail deer, antelope, mountain lion and five species of upland birds. It is also an extremely scenic ranch boasting a broad diversity of habitat types from productive meadows to rolling hills which give way to steeper mountain country with scatterings of aspens and evergreens. For more information, visit http://hallhall.com/ranches-for-sale/properties/ix-ranch.