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 Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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