Originally posted by blackpowder
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Originally posted by furrowtickler View PostWho knew land prices would match the mid-west US from just a few years ago .
26,000$ Illinois last month.
Add 30Trillion$ + to the system… with another 100Trillion$ New Green agenda… sorry Errol but that spells increasing monetization of all that QE social spending.
Japan at 20% devalued currency in the last 3 months…
Productive land values increase as money supply increases. QT is an unlikely painful monetary tool… vs QE… politically and practically speaking.
Cheers, a brave new world!!!
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Originally posted by TOM4CWB View PostTop land Nebraska 27,000$/ac US last week, row crop no improvements .
26,000$ Illinois last month.
Add 30Trillion$ + to the system… with another 100Trillion$ New Green agenda… sorry Errol but that spells increasing monetization of all that QE social spending.
Japan at 20% devalued currency in the last 3 months…
Productive land values increase as money supply increases. QT is an unlikely painful monetary tool… vs QE… politically and practically speaking.
Cheers, a brave new world!!!
This will end catastrophic IMO , best of luck to the pure optimists
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again wise guy
easy to put $500-600 an acre into canola
average yield Sask canola -36
36 x $20 =$720
$720-$160=$560
you don't want your renter to make it ?
there are guys with a hell of a lot less than 36 BPA also?
I'm confused
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Originally posted by wiseguyThe Land Lord ain't the problem !
Maybe it's the retailer !
but there has to be a balance , in your example , there is none
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Got offered to purchase 4 more quarters a couple days ago by an old family friend. 2 grain land, one lowland hay/muskeg, one bush/pasture. No price stated. He said make me an offer.
I asked “so you want me to make an offer, and then twist wrists from there?â€
He said “maybe we won’t even have to twist wrists.â€
Just bought 5.5 quarters not long ago. A little timid with the goings on in the world. Do you close your eyes and plow full steam ahead? Or play it safe?
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Originally posted by flea beetle View PostGot offered to purchase 4 more quarters a couple days ago by an old family friend. 2 grain land, one lowland hay/muskeg, one bush/pasture. No price stated. He said make me an offer.
I asked “so you want me to make an offer, and then twist wrists from there?â€
He said “maybe we won’t even have to twist wrists.â€
Just bought 5.5 quarters not long ago. A little timid with the goings on in the world. Do you close your eyes and plow full steam ahead? Or play it safe?
Higher chance of regretting not doing it.
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Originally posted by quadtrac View PostBuy it. Only live once on this earth.
Higher chance of regretting not doing it.
I wonder if any of those guys who bought in the 70’s and 80’s thinking the sky was the limit forever, wished they had bought more or less?
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