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SE IL | IMO it really shows how foolish the recent payments are when considering land selling at or near record highs, corn at $5 early 25 and the end of 25, and a heavily subsidized crop insurance program that was supposed to eliminate the need for “disaster payments”. And by the way those “disaster” payments coming in a year with a record national yield……
Yes lots of outside money wants to flow into farmland right now, but I’m sure several years of poor returns coupled with stagnant or decreasing asset value would change some tunes. | |
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