Quite a few people around here are paying stupid money for marginal ground. There is little consideration by landlords as to the quality of their land when there are plenty of "gotta farm" renters to choose from. There are too many people playing with exotic forms of money to have rent or sale prices reflect a return on farm enterprise production. Add to that the guy who is farming on a huge scale and has the money to overpay several times over what a small tract of land is worth based on agricultural productivity. I know of farmers blowing other prospective buyers out of the water on 100 acre pieces because they are willing to throw the kitchen sink (of which they obviously have an extra) to get it. It is surprising as to where land has gotten to. But if land is going for 10,000 dollars I don't see short of pure speculation how it is going to 20,000, 30,000, 40,000 dollars. And we all know the downside of speculation.
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Today's Featured Article - Stories From Old Farmer - by K. Pratt. Old Farmer, a.k.a. Dale Jensen began posting messages to our discussion forums at the grand age of 75. With extensive knowledge of farming and tractors, he valued the past and the ways that went with it. He shared these values with us until shortly before his passing. I spoke with Dale in his last days and requested his permission to share some of his stories with the readers of our magazine. He agreed, and provided the
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