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not enough farm land?
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Chris
Posted 9/29/2014 06:18 (#4098932)
Subject: not enough farm land?



East central Iowa

Below are a couple of comments regarding the sale of a little piece of farm ground for a warehouse and some say there's not enough farm land.

If that's true then why are commodity prices so low?  

I've farmed for  50 years and for those 50 years I've heard the same story that tomorrow prices will get better because the world needs food.  I've also heard there's no more farm land yet I see the numbers on increased acres every year.  

Not only that but American farmers don't seem to realize there's a whole world with ground that can be farmed.  When I started Brazil wasn't raising soybeans and now China is looking at Africa.  

If you have an opportunity to sell "farm ground" at a price that is multiples of current value don't feel guilty or bad.  There's plenty of acres under tillage and there's more out there in the rest of the world just waiting to come into production. 

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