Posted by oldtanker on January 05, 2013 at 13:56:41 from (66.228.255.239):
In Reply to: Farmland prices posted by JMS/.MN on January 05, 2013 at 12:58:06:
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Nope they are getting it with proper inputs. I didn't want to believe it at first myself. I remember when they were bragging about getting 100 per acre.
That's why I figured 100K in extras. I well remember when corn was under 2 bucks. My BIL got 228 per acre that year and was mad as heck cause he didn't have enough storage. Had to sell close to 9000 B at 1.95. HE had done the correct inputs plus all his manure went on his corn ground.
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