Brown Cow - 5/30/2023 19:08
Hick - 5/30/2023 16:59
If you think land is to expensive to buy, you’re correct.
Land will come down in value if crop prices drop to below cost of production and interest stays high.
It will still be to expensive and you won’t buy any.
Save some money, wright a big check and finance the rest.
If hype have to ask , you can’t afford it.
The land that is setting the prices now is setting the price based on the amount of cash burning a hole in the buyers pocket, not the ability of the land to cash flow crops. The question is whether prices ever come back down to cash flow calculations. I believe they will, on a generational time scale, but I could be wrong.
Land Prices
