Wow what is the deal with guys coming to southern Michigan to either pay extreme land rents or pay outrages prices for a farm. I hate to break it to these folks but Michigan isn't Iowa, I don't go by the name blackSANDfarmer for nothing! These guys look at reasonable land prices here and think they are getting a deal. (Hardly) The out of town guy who last winter leased a Hillsdale county MI/ Fulton county OH farm in a land rent auction for nearly $400 an acre is probably wishing he wouldn't have about now. That area hasn't seen a drop or rain in nearly a month. I don't wish bad luck on these people but at the same time they need to look at the county yield averages. The Hillsdale county farm and the farm around Niles where this investor bought his farm is 130 bushel corn country! You just cant come here and expect to make a bank farming this sandy, rocky dirt. I love the part where he figures he paid $6,000 an acre for the tillable land....... So that makes the house that came with the land worth 1.4 million? All you can do is wish this guy luck. Most would agree you cannot farm just for an investment or to drive a tractor, farming is a labor of love and a way of life. Its obvious this guy's biggest thing riding against him is he feels neither.
