Agreed and would add sale prices also. Last large tract of tillable ground here brought over $23,000 per acre and was bought by a farmer. As a land owner my renter of 35 years has said he currently isn't making money and I believe him but my rates are biased upon what the market is offering and he has first refusal and can walk away but he hasn't. As you said economics doesn't seem to drive rent, the desire for more acres does?
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