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Jeff_a_Caldwell
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3 big-time farmland factors; Income's still king -- Duffy

Boy, for my money, Mike Duffy's analysis of the farmland market is about as good as money can buy! He issued a report recently comparing the land runup up until today of the last few years and that during the 1910s and '20s, then the 1970s. I've become sort of a "geek" for this topic since I've been covering it the last few years, and this most recent report from him is probably the most interesting I've read on the topic. Basically, he's saying while there are some common factors between now and those past 2 "boom times," incomes are still ultimately going to determine where land goes from here. It's a pretty detailed analysis.

 

Though it is also my job, I'm really interested in this topic personally (maybe I need to find a new hobby?!). So, what do you think of the factors he discusses here and his final verdict? Do you agree? Is there anything he's not considering but should be?  

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Jeff Caldwell
Agriculture.com Multimedia Editor
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