Posted by agpilot on July 09, 2010 at 05:17:06 from (173.84.16.52):
In Reply to: Tractor Inflation posted by GaryinKS on July 08, 2010 at 20:31:16:
Hi GaryinKS: The changes in value have not been changing at a "constant rate" over the decades. The "Great depression" lowered good farm land value quite a lot. Then World War Two increased demand for farm products and farm land increased quite a bit. ( land value doubled in 5 years in SW MN.) Quite a large swing in $ value from mid 1930 Depression to Mid 1940's World War demand so playing with those numbers can be misleading if a person thinks that change continued through the following decades. It did not, as many can recall Willie Nelson trying to help farmers in the 1980's? Easy to mislead one self playing with farm values of land and equipment over the last 100 years... ag.
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