Land prices in central Kentucky are at an all time high. A 600 acre parcel located 1/2 mile down the main road from me. Nice laying ground with 95% plus acceptable for tractot movemenr. No buildinsg at all, not even a barn.
I called the owner for permission to fish the 2 nice ponds. He told me that I should buy the place since he has dropped the price to 3.75 million. What farmer could afford that for farming. It is in all hay now, no cash crops in the last few years. Sounds like pricing for development.
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Today's Featured Article - History of the Cockshutt Tractor - by Danny Bowes (Dsl). The son of a very successful Toronto and Brantford, Ontario merchant, and himself quite an entreprenuer, James G. Cockshutt opened a business called the Brantford Plow Works in 1877. In 1882, the business was incorporated to become the Cockshutt Plow Company. Along with quality built equipment, expedious demand and expansion made Cockshutt Plow Works the leader in the tillage tools sector of the farm equipment industry by the 1920's.
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