As mentioned, 5K is precision leveled ag land. Most times it is also your better soils, but as of late, some precision leveled heavy ground is creeping there.
Outside of just a couple of purchases, most of the people paying this live in different time zones and are not trying to farm and make a living on it.
it is worth what someone will pay. That is about the only absolute nowadays.
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Re: going price on a duck lease
There will be a day....
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Re: going price on a duck lease
Well that was easy, and here I am waiting in a response email trying to list my place in Tallahatchie county on the site. I should have asked the going price for it.
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Re: going price on a duck lease
I would suspect with the decrease in commodity prices, you will see a softening of ag land prices as well.... May take a little while but land could get cheaper in the next few years if commodity prices don't go up in the next couple of yrs.
work hard, play hard
Re: going price on a duck lease
hillhunter wrote:I would suspect with the decrease in commodity prices, you will see a softening of ag land prices as well.... May take a little while but land could get cheaper in the next few years if commodity prices don't go up in the next couple of yrs.
rent prices too. I think it will take a couple of years at least though. The older wiser ones will let some land go, but for a while there will be some that are not as sharp willing to suck it up at high prices. For a while....
There will be a day....
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