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Red River Valley | Just as there were people that saw the housing bubble there were people that looked at long term charts and predicted this grain bubble. Many no but there were a few.
complain about all other inputs all you want, the fastest rising imputs through this last decade has been FARM LAND - followed by Machinery you can blame Fert. if you want but take a close look at the prices from 5 yrs. ago to this year not much up now look at LAND. The first thing farmers capitalize profit's into is land the last thing that comes down in price is land. Talk about Idling land all you want the rest of the world has a cheaper land base than we do and until that changes we will "loose" money farming.
Funny how we as farmers haven't b!tc#ed about the surcharge we have built into land!!!!!
Edited by Tara Farms 4/5/2010 14:34
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here is a thought for kagen's post below .
