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The price of farmland in the USA has more than doubled per acre in the past 18 months. It’s at the point now where without significant price increases for the o
by User23 5y ago
The price of farmland in the USA has more than doubled per acre in the past 18 months. It’s at the point now where without significant price increases for the outputs, farming won’t be worth doing unless you’re a giant ADM style cartel that makes up the difference in ethanol subsidies, regulatory capture, or some other flavor of cronyism.
- nikanj 5y agoIs there anything that hasn’t doubled in price in the last 18 months?
- dleslie 5y agoOil and gas stocks.
- tmiahm 5y agoXOM 10/30/2020: 32.62 01/28/2022: 75.28
- deleted 5y ago[deleted]
- iso1631 5y agoPretty much everything normal people buy
- Denvercoder9 5y agoJust about everything. The consumer price index has risen just slightly less than 10% over the last 18 months.
- mythrwy 5y agoSilver
- nradov 5y agoADM doesn't really do any farming themselves (except for small experimental plots).
- beerandt 5y ago>without significant price increases for the outputs, You say this as if it would be abnormal. Food prices go up with (are part of) inflation, too.