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Boone Co. Iowa | Well said Shadow. Lots of chickens coming home to roost. Low interest for far too long. Appreciate your question on why not sell land for $20,000 per and cash interest checks at 6% and sit back and get check for $1200…..
Folks that made money in other ventures usually like to park/bank $ in land since it won’t go to zero like a stock price/company…..
Think we are at height of land market.
https://www.landandfarm.com/property/greene-county-ia-farmland-aucti...
Be fun to see what this stuff goes for….especially if cash corn is $4.50……..
Three legged stool of feed, exports, and biofuels ran this corn/bean thing pretty high….reflected in price of land, which reflects price of corn/beans…..
Thanks for the HOPE vision at the end.
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agriculture is an industry of dynamic change......
