WOW!!! Land Prices
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Red Robin
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North of I80 over on the river? That's sure gooooood money. How many bushels of corn will it grow? Dryland?feeder said:
feeder said:
I guess you mean 3...... 80 acre fields sold for $8400 ,$8300 & $7600 an acre,thats about the going rate around here too feeder,and most of it aint suitable for anything except outdoor recreation............good luck
PS aint it hell ta be land rich and cash poor
Thanks for clarifying that for me, Haymaker. It is in the northwest corner of Iowa. It should yield 180-230 bushels of corn per acre. Land rich and cash poor is an understatement around this farm this year. Next year will be better, right? Stay dry Haymaker, we have been watching your weather forecasts.
IL Rancher
Well-known member
About enough to make a fella put up the land he owns and retire.. Yowza.. Most land awround here is only brining 5k an acre tops and a lot of it is sitting out there waiting to be bought at those prices When I think that this place didn't even bring 2k an acre on average 8 years ago makes you think.. Most of our land is being driving by development or recreation.. Develops are buying the closer in farms and the land owners are redirecting the money out here to either farm or to shelter the earnings.
Believe me,I have thought about selling more than once,but then what ? what would you do all day ? there aint a thing in this world I rather be doing than ranching,good Lord willing......I will die with my boots on around an ole cow pen :wink:
good luck
good luck
IL Rancher
Well-known member
Waht would I do all day? Sit on Ranchers.net and pick fights, lol..
Nope, don't think i would sell out to retire or anything like that but if someone got goofy and offered me enough money that I could go and buy another place where I could run cattle in the same rough numbers that we have now I would be gooofy to say no.. Don't think anyone is knocking on the door to try to buy this place for 8k an acre either though.
Nope, don't think i would sell out to retire or anything like that but if someone got goofy and offered me enough money that I could go and buy another place where I could run cattle in the same rough numbers that we have now I would be gooofy to say no.. Don't think anyone is knocking on the door to try to buy this place for 8k an acre either though.
PureCountry
Well-known member
I've always had torn feelings on this one. Part of me never wants to see this place out of our family. Part of me would like to take every dollar I can get for this cactus infested, sand-blown, creepin' cedar patch and move up to Northern's part of the country where I saw my own bootprints contain 8-10 different species of grass or legumes. And as for land prices, we bought land from my folks for $100/acre, and could sell it for $6-900/acre easily since it's within a mile of town. There's hardly any topsoil here, and the cropland my folks have left is going to be real hard to get forage established in when it's time for us to buy it. But for the life of me, with all of these things in mind, when my wife asks me why we don't sell and move, I don't know why I just look at her and say, "'Cause this is Home."
nortexsook
Well-known member
I think we could see a hiccup in these prices because of the turmoil in the credit markets. Now land in Iowa or whatever maybe different, but I say a lot of the recreational buyers paying $7500 an acre in central Texas will be gone and in fact trying to liquidate as this credit contraction marches on over the next year or two. Banks will be really tightening up on these buyers as the feds come in and look over all the lax lending practices that led to doctors and lawyers buying spreads with little down and just stated income applications.
kolanuraven
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Shoot, buddy!! I'd sell out in a flash and buy me an island in the tropics.
Be nice to me and you can come visit!!! :wink: :wink: :wink: :wink:
Be nice to me and you can come visit!!! :wink: :wink: :wink: :wink:
Maple Leaf Angus
Well-known member
kolanuraven said:
It's a deal, sugar! But the first time you turn on the ginger, YOU'RE GONE!
:lol2: :lol2: :lol2:
kolanuraven
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Maple Leaf Angus said:
My island....my rules. :lol: :lol: :lol: :lol:
Maple Leaf Angus
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kolanuraven said:
Well I can see we already have encountered some significant barriers. You are obviously going to have to learn to negotiate.
A
Anonymous
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HAY MAKER said:Yes Maple leaf,wonder if kola ,has heard about "love honor and obey"
For some reason "love, honor, and obey" are just not the words that come to mind when thinking of Kola.. :roll: :wink: :lol:
Oldtimer said:HAY MAKER said:Yes Maple leaf,wonder if kola ,has heard about "love honor and obey"
For some reason "love, honor, and obey" are just not the words that come to mind when thinking of Kola.. :roll: :wink: :lol:
Well,maybe she is one of them head strong women I been hearing about :wink: ................good luck & goodnite,bout time to head upstairs.
Northern Rancher
Well-known member
Ohh anyplace new is nice to visit PureCountry-my grass can't be that good-it's 20 years old- I don't use any ferttilizer and it's dead everywhere I balegraze lol. I should of took you up along the river to Campbell's I just went by a jackpine sand field that they fed across it had ALOT of grass
kolanuraven
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Oldtimer said:HAY MAKER said:Yes Maple leaf,wonder if kola ,has heard about "love honor and obey"
For some reason "love, honor, and obey" are just not the words that come to mind when thinking of Kola.. :roll: :wink: :lol:
The ' love and honor' part....got that covered..
But that ' obey' business...ahhhhh....we'd have a problem there!!!!!