Posted by Nice on February 12, 2013 at 04:34:30 from (63.134.169.181):
In Reply to: Land Values posted by CKain on February 11, 2013 at 18:01:35:
Just went to a 2013 outlook meeting hosted by the county AG Extension, featured Purdue"s Ag Econ department. They are forecasting that farming will "plateau" in the next couple years. Meaning that its not going to crash, but level out. And they forecast that cash rent will average up 5% this year, 2% next and then 1% each for 2015/16. This leveling out would result in less profit, but bring back some stability to the corn market which would be nice. They were saying $6500 to $8000 on good Indiana land. I hope that it does level out, but we'll see...
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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