Posted by agpilot on August 20, 2010 at 05:52:39 from (173.84.16.52):
In Reply to: Re: land auction posted by John T on August 20, 2010 at 04:43:41:
Hi John T: Your are not adding in the fact that the "value" of land is leveraged to the price of crops taken off that land. If the price of corm would go from $3 to $6, as an example, you would see the price of land go up a huge amount. Example: In SW MN during the 1950s corn was $1 and land was $250..( aprox example) Now corn is $3.50 and land is $5,000.. Plus the farmers are betting they can get 185 bu/acre rather then 90bu and that having more acres farmed with higher power equipment will cut labor per acre and etc etc so the farmers pay higher land prices.. Simple idea is land is leveraged to "hope for the future." ag ret.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Seeing an Old Friend - by Joe Evans. Dad had a concrete contracting business starting in 1960. One of his first pieces of equipment was a Ferguson TO-35 with a Davis loader. Dad replaced the TO-35 with a MF 202 Workbull, essentially an industrialized Ferguson 35 I am told. Dad bought the 202 new in 1962, and I recall quite clearly going to the dealer with him to sign for it.
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.