tag:blogger.com,1999:blog-27951078.post2810945040145970773..comments2024-02-02T05:45:33.724-06:00Comments on Incoming: John Phippshttp://www.blogger.com/profile/03245790061133614986noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-27951078.post-66186250931366594342009-12-27T21:10:12.026-06:002009-12-27T21:10:12.026-06:00--Maybe with out subsidies land would sell at its ...--Maybe with out subsidies land would sell at its tue" productive" value ,,new generation may be able to be a land owner ,rather than tenant farmers ,, and may cut out spec buyers,,could never figure out why we ail farm checks to guys with say 2-5+ million in net worth???subsidized crops and high land values make for a nice net worth statement, but they just drive up rents,taxes,ect.......and that value is only ralized the day you sell--regards-kevinAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-27951078.post-74085357566173626942009-12-26T18:00:28.675-06:002009-12-26T18:00:28.675-06:00Let's say that farm subsidies are eliminated. ...Let's say that farm subsidies are eliminated. What are the likely consequences? Land prices will go down as the return on land will be lower. For those that have borrowed to buy land they will have a hard time staying afloat. For those that already have their land paid for they will see a decrease in rental income if they rent.<br /><br />It will be the young farmers, that are buying land that would be hit hardest during the transition. <br /><br />Net income will fluctuate more. An area that has several bad years in a row will not have a safety net and may choose to sell. The largest and most efficient would buy. There would be an even greater consolidation of land. <br /><br />At least that is what I think would happen.<br /><br />I don't know what would happen to market share in relation to Europe and Brazil. Any guesses?xyetayhttps://www.blogger.com/profile/07259888875167493808noreply@blogger.com