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SE IL | How often does weather wipe your entire crop out? If it’s very often that should get reflected in land prices. In the end everything gets baked back into land prices, and it’s a lot of why land sales are still at or near records highs even with tight production margins. Everyone assumes (and correctly so recently) that as soon as the bottom 20% of producers are struggling the .gov will shovel money out the window. There no longer is a chance for any type of correction, because the government steps in to keep the money flowing. | |
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‘Winning’
