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Farm Income and Land
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Norstman
Posted 11/9/2015 20:36 (#4887128 - in reply to #4887074)
Subject: RE: Farm Income and Land


Bengal Stripes - 11/9/2015 20:15

From most of the replies I have read, I would be considered a raging bull. I'm not very good at price prediction but I see little corelation to the '80's. Demand is too strong across the grain complex. Corn after back to back years of record production will see stocks to use sub 10% this year. Any time there is a stumble in global grain production, prices will spike. I would never advocate anything but modest leverage but I don't see the bottom falling out of farmland prices.

FWIW I don't believe in 30 year cycles and the like. Markets and life are far too messy to be that predictable.

It seems most here wont be deterred by facts. Maybe you will have better luck.
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