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<blockquote data-quote="Aaron" data-source="post: 634588" data-attributes="member: 1682"><p>Where in Minnesota?</p><p></p><p>Yep. RR District. </p><p></p><p>We had a lot of guys from Illinois, Wisconsin and the like up here for years picking up every piece of hunt land they could find when our dollar was 60 cents to the US dollar. Lots of parcels and even quarters being bought at ridiculous prices. It was good in the fact that it allowed the older guys that wanted to get out of cow punching, the chance to sell without losing their shirts. When our dollar hit a 1.10 US and oil was over $120, all those people said to heck with it and all the land values dropped back down. Or at least they should have. Some people think that the land prices never drop, only go up and up. That may work near the big centers, but not around here.</p><p></p><p>One of my neighbours experimented with 12 acres of corn last year. Didn't think it would amount to much, as they planted it really late, June 23rd. Come October 1st, it was over 8 feet with a good ear on it. So I guess our area is going to start going to grow more corn. I know the neighbours are planting 60 acres this year.</p></blockquote><p></p>
[QUOTE="Aaron, post: 634588, member: 1682"] Where in Minnesota? Yep. RR District. We had a lot of guys from Illinois, Wisconsin and the like up here for years picking up every piece of hunt land they could find when our dollar was 60 cents to the US dollar. Lots of parcels and even quarters being bought at ridiculous prices. It was good in the fact that it allowed the older guys that wanted to get out of cow punching, the chance to sell without losing their shirts. When our dollar hit a 1.10 US and oil was over $120, all those people said to heck with it and all the land values dropped back down. Or at least they should have. Some people think that the land prices never drop, only go up and up. That may work near the big centers, but not around here. One of my neighbours experimented with 12 acres of corn last year. Didn't think it would amount to much, as they planted it really late, June 23rd. Come October 1st, it was over 8 feet with a good ear on it. So I guess our area is going to start going to grow more corn. I know the neighbours are planting 60 acres this year. [/QUOTE]
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