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<blockquote data-quote="backhoeboogie" data-source="post: 376187" data-attributes="member: 3162"><p>Yes Alice. </p><p></p><p>Mitch was talking about the cost of farming in this thread originally before it got hi-jacked. Fertilizer is way up and the biggest factor for me. </p><p></p><p>But since you credit that article, let's see, $1.35 per gallon in 1981. That year premium farmland went for $650 an acre here. You remember it I am sure. You can't touch that same land for less than $9K now. Just saw an $8-1/2K offer for some land bought for $500 an acre in '79 and they offer was turned down. So if fuel prices rose at the same rate as land prices, we could expect to be paying something in the neighborhood of just over $18 a gallon. </p><p></p><p>If we could still buy land and fuel at 1981 prices, there would probably be many more people in this hobby. </p><p></p><p>We all hope to make profits. Every business in Stephenville that take your nickels for your purchases each week strive to make a profit. Some of them have higher profit margins than eXxon. They simply don't deal in the same volume. </p><p></p><p>The kids starting today looking at the price of land don't really have a chance inthis area, and you know that Alice. If they could get land back to the '81 prices, today's fuel costs would be insignificant. </p><p></p><p>From Frankie's view, the government should do something about the greedy land owners who demand so much money for their property. </p><p></p><p>Without a buying market for property, prices wouldn't be so high. Same for gas. </p><p></p><p>We need to become more innovative in our grass farming methodology. We also need to conserve and squeeze everything we can. Cattle are likely to end up going the route that poultry and pork went. </p><p></p><p>Do you remember when everyone had chickens and a hog pen? I am sure you do. If a stranger asked where he could buy a pig, you probably had several sources that came to mind. </p><p></p><p>When you read back through this thread, you can see who is advising thrift, and who is whining. It would be nice if gas was at '81 prices. But I'd take '81 land prices in that stead.</p></blockquote><p></p>
[QUOTE="backhoeboogie, post: 376187, member: 3162"] Yes Alice. Mitch was talking about the cost of farming in this thread originally before it got hi-jacked. Fertilizer is way up and the biggest factor for me. But since you credit that article, let's see, $1.35 per gallon in 1981. That year premium farmland went for $650 an acre here. You remember it I am sure. You can't touch that same land for less than $9K now. Just saw an $8-1/2K offer for some land bought for $500 an acre in '79 and they offer was turned down. So if fuel prices rose at the same rate as land prices, we could expect to be paying something in the neighborhood of just over $18 a gallon. If we could still buy land and fuel at 1981 prices, there would probably be many more people in this hobby. We all hope to make profits. Every business in Stephenville that take your nickels for your purchases each week strive to make a profit. Some of them have higher profit margins than eXxon. They simply don't deal in the same volume. The kids starting today looking at the price of land don't really have a chance inthis area, and you know that Alice. If they could get land back to the '81 prices, today's fuel costs would be insignificant. From Frankie's view, the government should do something about the greedy land owners who demand so much money for their property. Without a buying market for property, prices wouldn't be so high. Same for gas. We need to become more innovative in our grass farming methodology. We also need to conserve and squeeze everything we can. Cattle are likely to end up going the route that poultry and pork went. Do you remember when everyone had chickens and a hog pen? I am sure you do. If a stranger asked where he could buy a pig, you probably had several sources that came to mind. When you read back through this thread, you can see who is advising thrift, and who is whining. It would be nice if gas was at '81 prices. But I'd take '81 land prices in that stead. [/QUOTE]
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