cancel
Showing results for 
Search instead for 
Did you mean: 
Hobbyfarmer
Honored Advisor

still good

Half section of dry land farm ground sold a week ago between Lincoln and Omaha Nebraska. Farmers bidding against each other ...

 

$11,000 range $3,500,000 . Demand destruction? Below cop?  

0 Kudos
6 Replies
sw363535
Honored Advisor

Re: still good

Maybe it is time

0 Kudos
Jameshh1964
Senior Contributor

Re: still good

How can that possibly be justified, especially with current corn prices?
0 Kudos
fbf2574789
Frequent Contributor

Re: still good

Livestock guys still have money

0 Kudos
clayton58
Veteran Advisor

Re: still good

Cash in hand can justify a lot
0 Kudos
highyields
Senior Contributor

Re: still good

Its a form of insanity.  Don't know for sure where that was at but along the interestate that is a high development area and maybe there was some 1031 money,,,,,or like I stated at first a form of insanity 

 

 

There was an 80 sell for $11,000 in Cass county Nebraska here couple weeks back,,,,,Just two guys with a lite hand that couldn't keep it down.    I figured at $4 thats 2750 bushel of corn roughly

 

0 Kudos
fbf2574789
Frequent Contributor

Re: still good

Should be paid off on 10 years. By then USDA will peg our corn at 275 yeild

0 Kudos