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Farmland next to join deflation slide
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Wicksfield
Posted 11/29/2014 07:37 (#4208247 - in reply to #4206594)
Subject: RE: Farmland next to join deflation slide


NCIN
I hear a lot of guys say farm ground won't come down because they don't make anymore of it. That's a dumb statement. How many acres have come out of CRP and pasture to raise grain? How many acres get cleared worldwide on a yearly basis to grow crops. How many acres are improving their yields worldwide by help from Monsanto and John Deere?

Guys are tooling up worldwide to raise more and more grain and this is why we have a glut. So, I agree with Harmon.
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