Your farm is worth less than you think.

[farmaholic]

Its only going one way.....





Sarcasm???,

[quadtrac]

Down? Why?
Grain prices better than they’ve been again in years.
Nothing else stable to invest in. Think some are dreaming if they think good grain land is going to drop anytime soon.
I’d bet on a big increase before a decrease anytime soon.
Of course that’s an opinion that is worth what it cost....

[bucket]

Do the indexing of equipment cost versus the index of grain from let's say 1975...

We are not gaining...

Combine in 1975 - 36000
Combine in 2020 - 600000

Wheat in 1975 ....$5.00
Wheat in 2020. ...$6.00

36000 indexed 174500
5 dollars indexed 24.75

[AlbertaFarmer5]

Down? Why?
Grain prices better than they’ve been again in years.
Nothing else stable to invest in. Think some are dreaming if they think good grain land is going to drop anytime soon.
I’d bet on a big increase before a decrease anytime soon.
Of course that’s an opinion that is worth what it cost....

The bolded words are probably key.

Around here, land prices were artificially high compared to their productive potential due to outside money. People wanting quarter section farms, weekend place, investment, place for hunting, quading etc. That casued recreational land to sell higher then agricultural land.

Their money tree dried up along with the price of oil. The premium seems to have gone the other way again.