Posted by NY 986 on June 28, 2020 at 07:27:17 from (67.249.255.74):
In Reply to: Re: Fallow Land posted by Bruce from Can. on June 28, 2020 at 06:52:13:
Lots of outside investment around here direct or indirect. A lot of it makes no sense given the marginal productivity of most of the land here. Drives land up to a price where there is no payback from just farming it especially at today's commodity prices. Very discouraging to me as there is no money in this business to pay investors a return and I doubt with most of the others as well. There is talk of one farmer where the investor is ready to "retire" that farmer out of the business. Is it worth it to bring somebody in for what turns out to be a temporary basis to say that you worked 2,000, 5,000, or whatever acres. Sure, the investor might be willing to carry your bad years but is it worth it to walk away with just the shirt on your back truth be told when the day comes?
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