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SW Iowa | It is simple.
Corn and soy producing land values will follow the price of corn and beans. Income from those two commodities are what renters and owner/operators are using to cash flow cash rent rates and farmland payments.
With corn at 50%, and soys at 75% of last year's prices, It is obvious what direction future ag purchases are headed. Investors will seek the greatest return on their purchases, farmers will tighten their belts and try and hang on to keep farming another year. | |
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It IS Different this Time.
