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Update To $520 Iowa Farmland Rental Auction
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ObSeRv
Posted 2/3/2024 09:53 (#10606541 - in reply to #10606111)
Subject: RE: Update To $520 Iowa Farmland Rental Auction


Two local wannabe BTOs paid 475$/acre for irrigated ground two years ago. Had to buy pivot, well is like 300 tops on a 1/4.

Another wannabe paid $450/acre and had to pay for manure, pivot, and motor.

This I state farming looks more enticing every year. Farm 4 weeks out of the year, complain about drought every day, harvest 200+ bu corn with no inputs. Chemical costs are cheap, don’t have resistance yet. Easy money.
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