Marginal dryland farm ground in Eastern Nebraska/Western Iowa selling for $16k per acre.
You tell me if they're hurting?
They aren't paying for that with corn.
Umm yea they are. Most buying are the older generation that has made huge money the past few years farming and have enough owned ground to have collateral too.
Also some of the bigger growers are playing the life insurance game . Taking a huge policy out on themselves or their parents for a huge payday someday
