| sawinc - 10/7/2011 09:52
People use the fact that land keeps going up as evidence that we aren't in a bubble... it is evidence we are in a bubble.
Only question remains is are we in the early stages or late stages.
Question is and should be, take that 16,500 dollars and CD it, what's your rate of return at less than 1% and factor in inflation too, which gives you a negative rate of return.
an acre of ground at 16,500 , corn yielding 180bu @ 6.00= 1080.00 minus expenses say 300.00/ac = 780.00/ac= 6-7% on your investment,
another Q, what rate of return will one attain if the farm bill strips any ethanol mandates away from vehicle emissions and consumption standards?
Yep. its a crap shoot. |
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