Posted 7/9/2018 07:56 (#6858551 - in reply to #6858518) Subject: RE: Is this like the 80s
Yup, and a $3 bushel of corn then is like an $8 bushel today in buying power. My new '18 chevy 1/2 ton Ltz cost four times what it would have in '83 when I delivered a pile of reserve corn for $3.25 bu. 900 bushels per acre would buy 90% of the land in my area at the peak in '82, and 800 bushels would have bought half the farms.
Is this like the 80s
