The massive 10 year BULL RUN on IOWA FARMLAND actually picking up speed

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  • Fishhead
    SBR Aristocracy
    • 08-11-05
    • 40179

    #1
    The massive 10 year BULL RUN on IOWA FARMLAND actually picking up speed
    CEDAR RAPIDS, Iowa – The U.S. Department of Agriculture says Iowa’s cropland value has increased by nearly 24 percent in 2011 over the previous year.

    The Gazette in Cedar Rapids reports the rise in cropland value in Iowa was the highest in the nation. Nationally, cropland values increased by a little over 9 percent.

    Iowa State University economist Mike Duffy says the increased value isn’t surprising due to low interest rates and high prices for corn and soybeans.
  • ByeShea
    SBR Hall of Famer
    • 06-30-08
    • 8112

    #2
    Originally posted by Fishhead
    Iowa State University economist Mike Duffy says the increased value isn’t surprising due to low interest rates and high prices for corn and soybeans.
    Today the Fed pretty much locked in these conditions for a year or two. Someone, somewhere is making bank. But who and how...?
    Comment
    • sweethook
      SBR Posting Legend
      • 11-21-07
      • 12667

      #3
      yes , the sweet heartland
      Comment
      • Fishhead
        SBR Aristocracy
        • 08-11-05
        • 40179

        #4
        Originally posted by ByeShea
        Today the Fed pretty much locked in these conditions for a year or two. Someone, somewhere is making bank. But who and how...?

        Farmers, farmland oweners, commodity traders.........


        Comment
        • jarvol
          SBR Hall of Famer
          • 09-13-10
          • 6074

          #5
          30 year mortgages at 4.125%.
          Comment
          • Fishhead
            SBR Aristocracy
            • 08-11-05
            • 40179

            #6
            Originally posted by jarvol
            30 year mortgages at 4.125%.
            Comment
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