Posted 1/31/2015 10:59 (#4351936 - in reply to #4351902) Subject: RE: Avg wage in relation to farmland values
west central MN
I am not sure I am following what you are saying. If you took both the wages and the price of farmland and used the nominal price instead of the actual price for both wouldn't they both be lowered by the same percentage and then they would give you the same ratio as using todays actual prices?