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Very southern Mn | I agree 8850. I think you have to throw some big non farm income,or maybe some kids that are making stupid money somewhere else. By and large the investor has some huge big outside income that can buy a farm very frequently. If you do the math, even someone that owns considerably more than 2000 acres, ( way more) cannot purchase very many free and clear acres in a year. Take some one making 7 figures, plus income from other investments, they are buyers that can come to table once or multiple times a year. They also have a long term view, looking at inflation or other metrics that don’t have much to do with current grain price. | |
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Land prices
