Offers 20-30% less than asking.....it's about time! Sit on hands, let the anxious, greedy farmer spend blow their wads....tie up paid for land and run their equity down.......$6.50 wheat and $13 canola will eventually get everyone's attention....sooner or later.
If land was a stock or a commodity....I would be shorting the hell out of it.....but it's not...it's opposite.....it takes the elevator up and the stairs down...grain is opposite stairs up and the elevator down. Oh well! Land price is standing in the stairwell now is all that can be said.
If land was a stock or a commodity....I would be shorting the hell out of it.....but it's not...it's opposite.....it takes the elevator up and the stairs down...grain is opposite stairs up and the elevator down. Oh well! Land price is standing in the stairwell now is all that can be said.
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