Friday Crop Report Thanks Giving week.

[TSIPP]

Next they will be outbiding the BTO on the farmland and putting up fence?

Need to invest that money somewhere, good land grows good grass.

[AlbertaFarmer5]

I've been asking my cattle farmer neighbors if they could justify current land prices with current cattle prices and they universally agree you can't produce enough beef to make these land prices make sense. Yet with grain at supposedly depressed values, us grain farmers are still buying land and converting it to grain, and it still makes economic sense, at least in my position.

But I think the issue is grain farmers are willing to make as many improvements as possible to increase production, to justify the price. The cattle Farmers want to turn cows out into an unimproved, undivided piece of grass, with no inputs, and take them out again in the fall. Without inputs or intensive grazing etc.
Back of the envelope, looks to me like I could grow more dollars worth of intensive inputs grass, and convert it to beef, per acre than grain in this environment.
But it could be a lot more work than either of the two above scenarios.