Armagedon

[fjlip]

Like others have said $800k a quarter mine be sold. Heck I’d take $617k a quarter. Who’d have thunk that, one quarter is going to eat up some of these old timers capital gains exemption......

Aw big whoppee, you will have an obscene amount left! JT will personally thank you for your donation...

[MBgrower]

Aw big whoppee, you will have an obscene amount left! JT will personally thank you for your donation...

800K here too on black clays, sandy loams way more than that.

[farmaholic]

A picture is worth a thousand words.

[Klause]

Our land is getting close to US valuations and exceeding values in eastern Europe and south America.



This bubble will hurt when it blows

[Bowerpower]

Our land is getting close to US valuations and exceeding values in eastern Europe and south America.



This bubble will hurt when it blows

And not nearly as productive. Something has to give.

[iceman]

Same here
No one can farm and pay that except Hutterites.

You can walk into scotia bank also

Iceman

[jimmy]

Trump's incompetence is leading to a global meltdown . Trade wars and real wars .

Your watching to much fake news go outside and enjoy the fresh air.

[Braveheart]

Your watching to much fake news go outside and enjoy the fresh air.

Today Trump said the Chinese are paying the tariffs. 2 sentences later he said if importers don't want to pay the tariffs they should buy goods from other than China. Which is it? We know importers pay the tariffs which means US consumers.

He's nuts. Just cause you think he's right wing doesn't make him right.

[the big wheel]

Today Trump said the Chinese are paying the tariffs. 2 sentences later he said if importers don't want to pay the tariffs they should buy goods from other than China. Which is it? We know importers pay the tariffs which means US consumers.

He's nuts. Just cause you think he's right wing doesn't make him right.

Yes just like the big steel tariffs on China turned out they couldn’t even figure out how to charge China so they charged us lol yet trump was saying how China steel tariffs paying big?? I know the manufactures in the USA are the ones paying big and then guess who payed them big?

[jazz]

You guys should stick to farming because macro economics is not your strong suit.

Let me provide some perspective.

Imports to US from china comprise a meager 2.7% of US GDP. US exports to china comprise 0.9% of US GDP. China simply doesn’t factor in. On the other hand, a full 20% of chinas GDP is based on exports to the US. They are dependent on rich young consumers for their throw away junk. And the US is the only market on the planet that can absorb that consumption.
Now lets talk tariffs. Tariffs are just like a carbon tax. Make a product more expensive so people look for alternatives. Changes behavior. Other countries will then start to fill the gap with cheaper non tariffed goods. And if tariffs get high enough, someone in the US will start making the product locally again. The tariffs aren’t targeting Chinese companies, they are targeting US companies who sold their soul and moved production overseas to sell back home. Like Apple, Nike etc. This is their warning shot. Either repatriate back home or be shut out of their home market.

China can go pound sand and build their colonial network through 3rd world countries. Good luck with that. They can cancel Boeing orders. Good luck with that too. They have no ammo. The trade ratio is 6:1. Do your worst Xi. lets see how a little old fashioned western style recession sits with your dictatorship.

[farmaholic]

Jazz...does anyone who farms have a handle on economics? LMFAO. In this thread guys are talking stupid land prices. Rhetoric? There are some special circumstances that might make those prices make sense....but they don't exist on my farm!

[the big wheel]

You guys should stick to farming because macro economics is not your strong suit.

Let me provide some perspective.

Imports to US from china comprise a meager 2.7% of US GDP. US exports to china comprise 0.9% of US GDP. China simply doesn’t factor in. On the other hand, a full 20% of chinas GDP is based on exports to the US. They are dependent on rich young consumers for their throw away junk. And the US is the only market on the planet that can absorb that consumption.
Now lets talk tariffs. Tariffs are just like a carbon tax. Make a product more expensive so people look for alternatives. Changes behavior. Other countries will then start to fill the gap with cheaper non tariffed goods. And if tariffs get high enough, someone in the US will start making the product locally again. The tariffs aren’t targeting Chinese companies, they are targeting US companies who sold their soul and moved production overseas to sell back home. Like Apple, Nike etc. This is their warning shot. Either repatriate back home or be shut out of their home market.

China can go pound sand and build their colonial network through 3rd world countries. Good luck with that. They can cancel Boeing orders. Good luck with that too. They have no ammo. The trade ratio is 6:1. Do your worst Xi. lets see how a little old fashioned western style recession sits with your dictatorship.

So that’s why the Dow dropped on speculation of trade tariffs? If it wasn’t a factor it wouldn’t be an issue for the us markets. But it is.
How many American companies outsource work to China? Those aren’t just Chinese companies involved with the tariffs.