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Dealing with America

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    #11
    Rain;

    THought you might be interested in this:

    http://www.grandforks.com/mld/agweek/4748299.htm

    Posted on Mon, Dec. 16, 2002

    Landlord's choice
    Values, rents may 'creep' as land and bases improve
    By Mikkel Pates
    Agweek Staff Writer

    FARGO, N.D. - The new farm bill could mean land owners can expect higher value and rent, as federally guaranteed payment bases and yields increase.

    "Under this scenario, nobody should end up with less base than before," says Dwight Aakre, a North Dakota State University, Fargo, farm management economist. "The majority should end up with more base. Given whatever level of federal funding, there's more acres that will be earning government payments."

    That doesn't guarantee more income per acre, but it should give them a better chance.

    Rain;


    It really looks to me like the farmers operating and actually doing the production will be seeing less of the increased subsidies than would first appear.

    US farm operators could well be no further ahead than we are, in a few years... as subsidies are capitalised into the land base.

    The subsidy game is destroying the competitveness of both the EU/US farm communities, one wonders when the insanity will end...

    How do we get off this treadmill?

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