Posted by NY 986 on November 24, 2009 at 10:09:21 from (166.203.94.173):
In Reply to: Re: Indiana Farmland posted by kyhayman on November 24, 2009 at 09:44:50:
Exactly what I was thinking. I do not see how this could be sustainable for more than a couple of years. Around here gov't payments do not drive rental rates for the most part but you do need a good base as a landlord to get much of anything. I was hoping somebody that farms in that area could address that and general profitability. Fertilizer here in the Northeast is generally the highest in the country and definitely affects what you can bid on rent versus the Mid-West.
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