Posted 1/23/2015 17:05 (#4333051 - in reply to #4333039) Subject: RE: Grain values drop in Half
As I read my post, I realize I didn't make it clear what I thought was backwards.
You said rent should be based upon land value. It's the other way around. Land value is based upon rent which is based upon what kind of dollars can be generated from an acre.
Talked to a banker.....
