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Jeff_a_Caldwell
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Registered: ‎04-29-2010
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'Spite effect' & high land sales

So, I saw some info from Murray Wise over in Champaign, IL, about some of the emotions behind these crazy land prices we've been seeing at auctions over the last few months. The "spite effect" has a lot to do with some, while growing regulatory pressures on livestock producers have a lot to do with others.

 

So, anybody have examples or stories of things like the "spite effect" creating some crazy prices and circumstances at land auctions? 

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Jeff Caldwell
Agriculture.com Multimedia Editor
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