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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