I agree with a lot of what you said. I don't think there will be a crash of values but serious steady erosion. People will need to cash out land for other needs and the number of individuals that can pay as much or more will be few and most likely unwilling. I can see the ag banks telling guys after a few poor business years that the bank has gone as far as it will go and it is time to cash some ground in to pay the taxes or the money borrowed on inputs. Despite all the claims that this time it is different it always washes out the same. I listened to one fool during the end of the 1990's say that the US had eliminated economic downturns so just because somebody has a degree or a title does not make them all knowing.
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Today's Featured Article - Box Plow Blues - by Tom Schwarz. One of the first implements most tractor owners obtain is the box plow. For very little money, this piece of equipment promises to plow and flatten any hill or vale on your ranch road or farm. At least that's what I thought! As simple as a box plow appears, it can be rather challenging to make work correctly. In our sandy soils of Florida, traction is king. You can never have wide enough tires or heavy enough weights to get all the traction you want � unless you own a monster tractor. U
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