Posted 11/21/2012 13:35 (#2709389 - in reply to #2709373) Subject: Re: A question on land values
Tx
With todays prices some would say $3000 is about right. But what happens when prices go down to $4 for corn and wheat and you have a few years of 60-70 bushel corn and 30-40 bushel wheat? I'd say good black dirt should be worth $2000 to maybe $2500 if it's close or borders a piece you already have.