CancelPost Comment

Inflation 07/31/2011 @ 4:27pm Historically our nation has has about 3 to 3.5 percent inflation per year. If this remains true into the future, then prices will double every 20 to 25 years. This means that land prices will double in that same period of time. I know this has been true for the land that my parents and myself have bought. But at todays commodity prices, this has not happened. But we cannot compare because of the technology available today. Our yields are so much higher and a mam cannot produce many times more per acre, or man hour But someplace a long time ago I read, I don't know where this statement " there is no nation ,culture,or civilization in all the recorded history of the earth that has continued to exist if it did not take care of it's soils and the ability to feed its people" This makes me believe that the demand for quality soils will remain strong.

Report Abuse Reply
MORE FROM JEFF CALDWELL more +

Soybeans blast off on strong processing data By: 04/15/2014 @ 3:27pm Soybean futures topped out Tuesday above $15/bushel for the first time in quite a while on news…

Farm Debt-to-Asset Ratios Lowest in 20 Years… By: 04/15/2014 @ 2:27pm Farm debt has increased a lot over the last two decades. Bad news, right? At the same time, general…

Corn Planting Sags; Wheat Worries Mount By: 04/15/2014 @ 9:21am Corn planting is underway in the U.S. That's the good news. The bad news is as of mid-April…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Big Picture: CME Trading Weather