| turbo diesal - 5/8/2025 14:37
Translation we want a weaker dollar to help domestic production and boost exports
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As far as land prices IDK which way they will go so many conflicting factors
The biggest factor.. is a return.. if returns are squeezed.. then the value goes down. Land has benefited from..
Cheap interest.. low alternatives
Covid $$$
The Russian Ukrainian War.. impacting Trade.
If a cheaper dollar would fix this.. we’d see Wheat exports improving.. and..they could be worse.. but.. they could be better.
$4.80 cash wheat.. ain’t gonna prop up $15,000 an acre land. Which has to compete with Sorghum.. which can be profitably grown for $3.00 a bushel. Just like in the 1980s.. we’re one good production year away from.. seeing it come apart.
FOMO works on the way down also.
Cheers. |
If the age of Globalization is over? Are Land values over priced?
