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Farm Income and Land
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Kooiker
Posted 11/10/2015 20:17 (#4889031 - in reply to #4887894)
Subject: RE: The one thing I don't understand



Tara Farms - 11/10/2015 08:57 Is why these guy's with all this cash that are buying land at 2.5 million a qtr. were not buying it 10 yrs. ago at 400,000 a qtr. this old money surely had that much cash laying around then ????




$1.80 cash corn and 180 bpa =  $324/acre 


$3.50 cash corn and 200 bpa = $700/acre and during those 10 yrs they probably paid off the debt on the acres they currently own debt free.



 

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