Calm before the storm? I think land prices could finally be in the frothy territory. Alot of guys are starting to say to themselves "Why the hell farm it if I can get $100 acre rent?" Or "Half a million a quarter Aloha!" Unless you have your rose coloured glasses like the BTO's in my area shes not a rosy picture.
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Originally posted by biglentil View PostCalm before the storm? I think land prices could finally be in the frothy territory. Alot of guys are starting to say to themselves "Why the hell farm it if I can get $100 acre rent?" Or "Half a million a quarter Aloha!" Unless you have your rose coloured glasses like the BTO's in my area shes not a rosy picture.
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Originally posted by farmaholic View PostLand has no where to go but UP-UP-UP..... Don't forget the mantras... they ain't makin any more and a hungry world needs to eat. **** the economics of buying and paying for it.... that doesn't matter when you have cash cash cash to dump on it. I've been wrong predicting a correction for the last three to five years, missed the boat early on and now afraid to "board" at these prices.
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Originally posted by MBgrower View Postlots more land can be farmed in s America, Africa, and the fsu is only getting started on increasing productivity. production can easily maintain healthy carry out stocks, suppressing grain prices for generations.
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Originally posted by MBgrower View Postlots more land can be farmed in s America, Africa, and the fsu is only getting started on increasing productivity. production can easily maintain healthy carry out stocks, suppressing grain prices for generations.
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There's a lot more land can be farmed right here in Saskatchewan. Whoever says, "they are not making anymore" ought just get out and have a look around. Right now the provincial government is auctioning crown land that will likely be broken and seeded and if you go just north of PA and see the caterpillars breaking bush, beautiful bush soil will grow a crop in years to come.
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