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Why this next major cycle will be the last... and greatest
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coup
Posted 9/9/2012 21:26 (#2583545 - in reply to #2583447)
Subject: Re: Why this next major cycle will be the last... and greatest


USA
My guess over the next 5 years corn will ave $5 or more .

180 bu x $5 = $900- $500 cost = $400 for land.

1% int=$40,000 acre

2% int= $20,000

3%= $13,000

4%= $10,000



$13,000 dirt that will grow 180 bu corn @ $5 bu is too cheap, if int rates remain flat over the next 5 years.


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