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> Average acre in America is $4000 [1], so wouldn't call $7183 an acre cheap. But presumably we're talking about land that specifically can produce the 200bu o
by randomdata 10y ago
> Average acre in America is $4000 [1], so wouldn't call $7183 an acre cheap.
But presumably we're talking about land that specifically can produce the 200bu of corn and 60bu of soybeans the the parent specified? There is most certainly cheaper land around, even locally, if you are willing to accept less production ability, but there is good reason why that land is cheaper.
The average corn yield in the US is 160 bu/acre and 49 bu/acre for soybeans, so it seems that the average land is not capable of delivering. Not to mention that there is land that wouldn't even be worth trying to grow corn and soybeans on, which would drag the average down even further if you tried.