Non-farm investors are definitely around but have been and are a small minority at least in this area. If you want to talk about the very long term then yes land has steadily increased in value. Having said that there have been very significant downward adjustments when isolating 20 year blocks out of a 100 year interval. My grandfather paid 100 dollars per acre during the 1920's for the place I farm now and saw that value drop to under 50 dollars during the depths of the Depression. It took until near 1960 for the value to recover. Land here got up to 1,000 dollars per acre during the late 1970's only to plummet below 500 dollars per acre during the 1980's. Prices did not recover to 1,000 dollars per acre until the new century came that we are in now. I had a recent discussion with a younger farmer very recently about this topic. I tried to impress on in him despite the view of a buyer or seller it still takes two to tango when it comes to a final price on a parcel.
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Today's Featured Article - New Life for an Old Allis - by Tyler Woods. My friend Jon, has an old '39 Allis Chalmers B. He thought it a marginal tractor that had long since served its time. She smoked terribly and never had much power but he couldn't afford another so he was limping along with what he had. Jon's Allis has a small front loader and though it doesn't carry much, it serves his needs. It was the hard starting and low power that made him think it was time to replace the old girl. Jon called me to help him discover why his tractor wouldn't start
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