| jicasedeere - 9/23/2023 15:50 Not to hijack the thread, but let's say a farmer has the 30% downstroke or more for the particular parcel they're interested in. Where is a better place to park the cash? A CD, IRA, ETF's, Bonds? Or just buy the land
I don't know about land prices where you are but "here" a 30% down payment won't even get close to making the land cover its own interest expense. $20k land with 30% down leaves $14k on interest....
Its gonna be very interesting to see what land brings over the next couple months as the fall/winter land auction season gets going.
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agriculture is an industry of dynamic change......
