Right on the money. That's the way it's allways been. The guy that likes to keep his machines new need more land to justify the purchases. I also have to expand to keep my profit levels up. Usually do this when markets are poor is my difference. That's when there is more land for sale whith alot less buyers. Plus more equipment that's affordable to me.
Looking at the average age of farmers that are going to retire in the near future makes me think who is going to farm all this land? Everybody needing more land has to come into play to keep land values reasonable down the road in my opinion.
Looking at the average age of farmers that are going to retire in the near future makes me think who is going to farm all this land? Everybody needing more land has to come into play to keep land values reasonable down the road in my opinion.
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