NEWS
DTN Business Blog
Marcia Zarley Taylor DTN Executive Editor
Tue Jul 3, 2007 11:17 AM CDT

This week's Minding Ag's Business guest, Texas A&M Economist Danny Klinefelter, is fielding questions on the recent rally in Corn Belt farmland prices. Is $6,000 Iowa farmland an indicator of irrational exuberance to ethanol markets? Email comments to Marcia.Taylor@dtn.com or comment directly at www.dtnag.com if you've registered on site.

Taylor, DTN: Danny, I think the most important point you've made so far is that high farm incomes do not necessarily equate to high profits, that after 3-4 years most of the spoils of this income bubble will be passed on to input suppliers, machinery dealers and other middlemen. That would ...

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