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Old 09-10-2007, 09:26 PM
Fishhead24 Fishhead24 is offline
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Join Date: Jan 2007
Posts: 1,196
Default Re: IOWA FARMLAND in GRAVE danger

Dcifr--here is the thing.........CORN is not going to be the major source for ethanol longterm.........just for the next 2-5 years before more and more NON-FOOD sources are used. However, corn is the best source worldwide at the present time........it's a sounding board for the future of the industry.

In the meantime, Iowa farmland will continue to move up in price during this time......and will peak during this time before seeing a significant decline. The earliest i see this happening is the fall of 2009........by which time many who invested in this land will have profited.

-FH-
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