The only good thing I see from investors driving up land prices is that it speeds up the process for a land crash. Then the land can be bought buy serious farmers at a discounted price. Never enter a market investment while it is on the rise. Far better to enter it when it hits bottom.
The one thing that worries me about all this is what happens to the rest of the economy. If you look though history you'll see that before every great depression the agriculture economy booms. Then after it goes bust it drags everything else down with it. The ones that happen in more recent history are not called depressions, but are called recessions. Probably to hold down some of the market panic.
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Today's Featured Article - Tractor Profile: Allis-Chalmers Model G - by Staff. The first Allis-Chalmers Model G was produced in 1948 in Gasden, Alabama, and was designed for vegetable gardeners, small farms and landscape businesses. It is a small compact tractor that came with a complete line of implements especially tailored for its unique design. It featured a rear-mounted Continental N62 four-cylinder engine with a 2-3/8 x 3-1/2 inch bore and stroke. The rear-mounted engine provided traction for the rear wheels while at the same time gave the tractor operator a gre
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