biggest buck
Active Member
Sold at auction in Shelby County two days ago just a half mile from my house. For a whopping $8900 an acre! HOLY COW. 1.375 million for 140+ acres. How can anyone make a harvest profit at that insane price.
With the crop prices, why do farmers compalin about deer?
Been saying this is nuts for several years and this will fall in. When it does and it will ,watch out all this borrrowed money farm prices will hit bottom like the 70s taking crop prices and investers with it. The only thing right now that is holding this front up is low interest rates.
The farm land prices will hold steady as long as the ethanol boom is going on in my mind. We are going to have a record corn crop to meet the needs of the ethanol as well as food. With so much corn guranteed to ethanol companies, not much is left for food for cattle and human use. This means corn prices are going to keep on the up and up along with meat prices. That is my thoughts on it
Farmland breaks county record
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Plymouth County farmers Jeff Freking and Randy Freking made the $800,000 land purchase.
This a great point you left out the cost of groceries as well because about everything we consume has corn in it. I don't know if ethanol is everything it's cracked up to be I know that in my vehicle I don't get as good of mileage out of it so it's kind of a wash I do burn it though. I don't know the exact amount of trucks of corn the ethanol plant by me goes through a day but it's a bunch they usually pay top dollar for it so naturally most producers sell there driving the prices up at the elevators which in turn drives the price up for the companies that buy it for food. Farmers are making a ton of money right now which I have no problem with but when our tax dollars are going to subsidies and paying them to farm more ground it sort of bothers me. With $6 corn don't expect to see prices fall anytime soon.The farm land prices will hold steady as long as the ethanol boom is going on in my mind. We are going to have a record corn crop to meet the needs of the ethanol as well as food. With so much corn guranteed to ethanol companies, not much is left for food for cattle and human use. This means corn prices are going to keep on the up and up along with meat prices. That is my thoughts on it
Farmers are making a ton of money right now which I have no problem with but when our tax dollars are going to subsidies and paying them to farm more ground it sort of bothers me. With $6 corn don't expect to see prices fall anytime soon.