EC Nebraska | iadirt - 2/23/2024 07:43
Jared
How is federal crop insurance and the usda making people buy farmland at exorbitant prices ?
Federal crop doesn’t guarantee you a 5% return on a $15k /acre farm.
Federal crop insurance means that farmers can bid nearly all of the farm profit into land rents. They don't have to keep a fiscal reserve for bad years. The taxpayer does that for them.
Higher rents mean higher land prices.
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Farmland ownership ROI
