It came up in an earlier thread that
land has increased 7% year over year for
the last two if not three generations
and therefore should continue to do so
in perpetuity.
so land today worth $1650 an acre should
be worth $8955 in 25 years..
$1850 = $10,040, $2,000=$10,854...you
get the point.
Same figure puts canola at $48/bu and
wheat @ $27/bu.
Is it possible for this trend to
continue?
Will grains inflate accordingly? How
much can improved productivity offset
inflation?
Or will the price of land simply divorce
itself from productive ability all
together and we go back to peasant
farmers?
OR do we see a once in a generation
correction that re calibrates the whole
system?
GO!!!
land has increased 7% year over year for
the last two if not three generations
and therefore should continue to do so
in perpetuity.
so land today worth $1650 an acre should
be worth $8955 in 25 years..
$1850 = $10,040, $2,000=$10,854...you
get the point.
Same figure puts canola at $48/bu and
wheat @ $27/bu.
Is it possible for this trend to
continue?
Will grains inflate accordingly? How
much can improved productivity offset
inflation?
Or will the price of land simply divorce
itself from productive ability all
together and we go back to peasant
farmers?
OR do we see a once in a generation
correction that re calibrates the whole
system?
GO!!!