As Gene mentioned, 10 yrs ago land was 1000 an acre, now 4000 an acre.
Bought my 40 in 1999 for 747.00 an acre, now running close to 4000 an acre. Only wish I had been smart enough to say the hell with a 401K, cashed it out, bought the 60 next to mine for 70k. I would have had a hell of alot better return. 29,900 grew to 120,000 market value.
Looking at a 30 next to my house that is up for sale, about 23 tillable. They are asking 99,900 but might come down. Like they say, they aint making land, and next to the house how much better can it get?
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Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
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