Posted by noncompos on February 01, 2008 at 14:05:12 from (65.102.20.70):
Looking for some price comparisons, and ran across Iowa State U's Iowa farmland value table, showing $2147 per acre in 1981 (just before the break)(up from $261 in 1960), $1857 in 2000 and $3908 in 2007 (State averages). Other sites give 1980 car prices (presumably Ford/Chev full-size 4dr) $5900-6000, gas .95 ,1.03 and 1.25. (Granted these are all averages, and local prices would vary widely at times). So: in '81, around 2.8 ac would buy a new car, but in 2007, assuming same size car at 20K, would take 5+ ac...(hopefully, the 07 car would last longer). For gas, a 1981 ac, at $1.03, would buy 2084 gals, and at $1.25 would buy 1717 gals, while a 2007 ac, at $2.75, would buy 1421 gals. While it's hard to apply averages to specific locations, do any of you in Iowa, operating since the 80s, feel land values are low (in relation to what the money would buy) compared to the 1981 peak?
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
