Posted by wisbaker on February 07, 2012 at 12:50:52 from (207.118.183.67):
In Reply to: High $$$ per acre posted by the Unforgiven on February 07, 2012 at 07:20:18:
I think what we are seeing is interest rates are in the toilet, business isn't to far behind. Money is flowing from intangibles and business (stock market) into commodities and other tangible assets like land. The fact that corn and beans made real advancements in the markets in the last few years has fueled speculation in land, much like it did during WW I. This is also shown in Gold and precious metal markets and to some extent in oil, but volatility in oil and economic concerns about the economy and thus oil demand has scared some speculators away from it.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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