US$3.60 corn should put a lid on land price increases for the next year.
Beyond that, two or three years of lower grain prices are likely required to lower land prices.
Optimists like Charlie see rising world demand for feed grains.
Cynics like SF3 say markets are broken but offer nothing much in the way of solutions.
Present weather and a late crop indicate lots of feed wheat this year in western Canada.
Growers may want to consider grain storage costs as an alternative to increasing production with more high cost land.
Think markets and individual farmer decisions are a better solution than calls for collective action.
Beyond that, two or three years of lower grain prices are likely required to lower land prices.
Optimists like Charlie see rising world demand for feed grains.
Cynics like SF3 say markets are broken but offer nothing much in the way of solutions.
Present weather and a late crop indicate lots of feed wheat this year in western Canada.
Growers may want to consider grain storage costs as an alternative to increasing production with more high cost land.
Think markets and individual farmer decisions are a better solution than calls for collective action.
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