Pat H - 11/22/2018 08:55

Of course there are 7 million ways to justify about any price, but usually widespread pressure (like low prices) eventually wins out. However, just like us not paying attention to market signals in grains, land buyers are not particularly interested in factors that would affect the ability to pay for the ground. Even in machinery there are plenty of older machines getting bid up beyond reasonable (ie. same price as 10 yr newer machine).[/QUOTE

+1 ,