High land prices got you down? Does $3,000 an acre just seem to darn high? Well there’s no doubt that land prices have climbed significantly in recent years, a little history lesson teaches us that when combined with very low interest rates and high commodity prices land is not priced outlandishly.
Alberta Agriculture’s Merle Good spoke with Shaun Haney at FarmTech ’13 and, in this video, walks us through a few simple calculations to compare the earning potential and real cost of land now vs. the early ’80s.
If you cannot see the embedded video, click here.