Posted 2/27/2016 21:22 (#5141821 - in reply to #5141786) Subject: RE: would love to see an investor haircut.......
Central South Dakota
We're the same as whiteshadow, never ran the land valuations up on the balance sheet. Still using $1000 an acre also. That way it was way less tempting to use inflated land values to buy things we may have not have needed and the farm performance was based on profit, not some ficticious balance sheet land number.