The IOWA FARMLAND rush continues on...........

[Brad1970]

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Fishhead,

Farmland in Argentina and Brazil have greater yields than in the US and costs about 1/10 the price. These countries dominate the soybean, coffee, and sugar export markets and any other market they decide to enter. It's no surprise that their agricultural exports to emerging markets are booming (they maintain a huge trade surplus with China, the exact opposite of us). US farmers are quite frankly getting their butts kicked by the South Americans despite the fact that they get billions of dollars in handouts from the US government.

Which farmland do you think is the better place to invest in?

Let's be honest for one second here... The US farming industry is uncompetitive in the global marketplace and would go broke if not for handouts from the government. Did you know that our government actually pays US farmers billions of dollars in taxpayer money NOT to grow crops so as to artificially restrict supply and pump up prices?

This is just my opinion, but the US agricultural industry is a complete abomination and should be abolished. We should import our food from South America like the rest of the world. US farmers can go get jobs as Walmart greeters for all I care. The idea of investing in this "industry" is ludicrous to me.

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Laserboy, do you have any idea why farmers in South America are "kicking our butts" as you say?? Or are you just spouting rhetoric that you read off of some website??

BTW, the world would starve without American farmers.