Posted by Lincolnj on January 06, 2008 at 18:03:01 from (205.188.117.74):
In Reply to: farm land price posted by macco on January 06, 2008 at 16:30:51:
300 or 400 hundred acres in Iowa is going to bring top dollar. I've seen it hit 6200 an acre right down the road from me. I have been looking at a 60 acre piece they are asking 4500 for. I can't even make that pencil out. If you had the cash to buy the land outright, there are better investments around. Most of the investors around here quit buying land two years ago. Farmers trying to expand are the only ones buying ground because the profit margin per acre is getting thin. $4 dollar corn is great, however $3 diesel, $800 anhydrous, and new seed prices are going to eat that up quickly.
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Today's Featured Article - Bad Vibes - by Curtis Von Fange. One of the strangest ways to communicate with our tractor is to ask it how it feels. "Ask it how it feels," you say? Yup, ask it how it feels. Now, as with the other articles in this series one has to be able to hear what 'ole blue' is trying to say in response. The nice thing about our old iron friends is that they are usually quite consistent in their response, rather unlike some people I know who might change what they say due to the weather or other mitigating circumstances. But since t
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