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Local land sale today- results
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Ben Riensche
Posted 11/21/2015 09:03 (#4910329 - in reply to #4910258)
Subject: RE: Local land sale today- results


Jesup, IA
I suppose the relevant question is who buys the non-tillable in Texas? Wealth out of Dallas and Houston?

The wealth in Chicago can get to deer country in Wisconsin easier. The wealth in Minneapolis goes to Northern Minnesota, or again, Wisconsin for recreational hunting ground. Similar stories for Kansas City, St. Louis, Omaha who go South or West.

Des Moines, Cedar Rapids, the Quad Cities just don't have enough play money to drive a non-tillable market like that. And in most of (the Northern 2/3'rds of) Iowa, the non-tillable is 25 acres of creek surrounded by thousands of acres of tillable in corn and soybeans. Not exactly a 320 acre private hunting preserve. Plus if you do have rough ground, and your neighbor very likely has critters on theirs, you have to make 1/2 the fence. Iowa is not an open range state.

Maybe this helps.
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