There are several things that drive agricultural land values. One driver is the fact that good farm land is a safe place to park money. If an investor has money to invest, but wants very little risk, farm land is a fairly safe bet. Unlike stocks which can rise and fall even go right off the market, land is forever. True the property value can go down, but historically speaking, if land value drops dramatically, so does the value of everything else. Land can be rented out and will cover off the property tax. Farm land has always since WW2 steadily gone up in value. This has created considerable interest from both domestic and foreign investors. These people don’t have to make money from the farm land to pay for the cost of the land. They are buying land to diversify their financial portfolio. Much of the farm land around me now is being bid on and sometimes purchased by absentee land owners , that rent the land to cash crop farmers.
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Today's Featured Article - Tractor Hydraulics - The Basics - by Curtis Von Fange. Hydraulics was one of the greatest inventions for helping man compound the work he can do. It’s amazing how a little floor jack can lift tons and tons of weight with just the flick of a handle. What’s even more amazing is that all the principals of hydraulic theory can be wrapped up in such a small package. This same package applies to any hydraulic system from the largest bulldozer to the oldest and smallest tractor. This short series will take a look at the basic layout of a simple hydraul
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