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http://news.yahoo.com/s/ap/us_food_...DeW5faGVhZGxpbmVfbGlzdARzbGsDbWlkd2VzdGZhcm1s


""A lot of it is driven by commodity prices," said Jason Henderson, a branch manager and economist with the Federal Reserve Bank in Omaha, Neb. "As soon as June, the Russian drought started to raise concerns about global crop supplies and we saw commodity prices begin to rise and we saw farmland values rise with commodity prices."

Nebraska, Kansas and Missouri all saw average farmland values increase about 9.5 percent in 2010. Illinois, Indiana, North Dakota and South Dakota also saw average increases ranging from 8 percent to 11 percent.

Besides increased commodity prices — for crops such as corn and soybeans — there has been an increased demand for farmland, which is increasingly seen as a stable investment.

"We're starting to see more interest in farmland purchases by nonfarm investors," Henderson said. "It's more attractive than other kinds of fixed income investments, CDs, stock market investments. It looks like an attractive rate of return for some investors."





rut oh.....:surprised



Leia: "I have a bad feeling about this." :lookinup:
 

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Why ?
 

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http://news.yahoo.com/s/ap/us_food_...DeW5faGVhZGxpbmVfbGlzdARzbGsDbWlkd2VzdGZhcm1s


""A lot of it is driven by commodity prices," said Jason Henderson, a branch manager and economist with the Federal Reserve Bank in Omaha, Neb. "As soon as June, the Russian drought started to raise concerns about global crop supplies and we saw commodity prices begin to rise and we saw farmland values rise with commodity prices."

Nebraska, Kansas and Missouri all saw average farmland values increase about 9.5 percent in 2010. Illinois, Indiana, North Dakota and South Dakota also saw average increases ranging from 8 percent to 11 percent.

Besides increased commodity prices — for crops such as corn and soybeans — there has been an increased demand for farmland, which is increasingly seen as a stable investment.

"We're starting to see more interest in farmland purchases by nonfarm investors," Henderson said. "It's more attractive than other kinds of fixed income investments, CDs, stock market investments. It looks like an attractive rate of return for some investors."





rut oh.....:surprised



Leia: "I have a bad feeling about this." :lookinup:
What did you think SB510 was all about?
 

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Those damned farmers - why should they be lucky enough to have their farm values increase when the rest of us are suffering through depreciation in our homes. I say we get the government to take away their farms, sell them and spread the money to us good non-farmers! Profit is evil. When will those farmers learn that?:down:
 

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Those damned farmers - why should they be lucky enough to have their farm values increase when the rest of us are suffering through depreciation in our homes. I say we get the government to take away their farms, sell them and spread the money to us good non-farmers! Profit is evil. When will those farmers learn that?:down:
YEAH!!






:rolleyes:
 

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Discussion Starter #9
Those damned farmers - why should they be lucky enough to have their farm values increase when the rest of us are suffering through depreciation in our homes. I say we get the government to take away their farms, sell them and spread the money to us good non-farmers! Profit is evil. When will those farmers learn that?:down:
Thats not what we are looking at, actually.
 

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Thats not what we are looking at, actually.
Ok, so replace the word farmers with investors. In fact just make a generic statement - "those damn (fill in the blank with any group you are not in and you don't like), it's not fair they are profiting. The government should take all they have and give it to (fill in the blank with any group you are in and/or you like). That should do it.:thumbsup:
 

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Discussion Starter #11
Ok, so replace the word farmers with investors. In fact just make a generic statement - "those damn (fill in the blank with any group you are not in and you don't like), it's not fair they are profiting. The government should take all they have and give it to (fill in the blank with any group you are in and/or you like). That should do it.:thumbsup:


The only thing more dangerous to the global economy than oil prices is food prices.
 
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