The only good thing I see from investors driving up land prices is that it speeds up the process for a land crash. Then the land can be bought buy serious farmers at a discounted price. Never enter a market investment while it is on the rise. Far better to enter it when it hits bottom.
The one thing that worries me about all this is what happens to the rest of the economy. If you look though history you'll see that before every great depression the agriculture economy booms. Then after it goes bust it drags everything else down with it. The ones that happen in more recent history are not called depressions, but are called recessions. Probably to hold down some of the market panic.
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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