Furrow, I agree, totally. I'm sorry if my message implied I was a big risk taker. Seeded crop number 35 this year, so have been through a few ups and downs. Have seen or heard of a lot of BTO's come and go. For many years there were more rental acres than owned acres on our operation and we never once got into a rental rate bidding war. Would much rather farm smaller and smarter than push out someone who would like to give farming a go. Again, sorry for the poorly worded post.
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All good, sorry for being testy but the fact remains, some of these clowns drive up land prices/rents and in time that cost all of us more money if you do not rent or if you own every ac. Only later to fall from grace and leave most reasonsible farms to pay the piper until the fever subsides.
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Sure, saw it here in the 80's. Farms went into a major expansion mode, paid rents so high that they never went higher for 15-20 years after. A few young guys who were getting into farming at the time quit. There were easier ways to make a living.
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