Quite a few people around here are paying stupid money for marginal ground. There is little consideration by landlords as to the quality of their land when there are plenty of "gotta farm" renters to choose from. There are too many people playing with exotic forms of money to have rent or sale prices reflect a return on farm enterprise production. Add to that the guy who is farming on a huge scale and has the money to overpay several times over what a small tract of land is worth based on agricultural productivity. I know of farmers blowing other prospective buyers out of the water on 100 acre pieces because they are willing to throw the kitchen sink (of which they obviously have an extra) to get it. It is surprising as to where land has gotten to. But if land is going for 10,000 dollars I don't see short of pure speculation how it is going to 20,000, 30,000, 40,000 dollars. And we all know the downside of speculation.
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Today's Featured Article - Search For Spares - by Anthony West (UK). Following on from the aquisition of the old Fordson F, I was very much in need of spares. As a novice though I didn't appreciate the fact that there were so many Fordson tractors made, that all the other makes seem rare by comparison. As far as I was aware a fordson was a fordson and it was only through trial an
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