Crop Prices Urge Farmers to Reconsider Golf Course
Former golf courses are being turned back into farmland as prices for crops reach record heights.
"[T]his year, over a chorus of objections, the greens and fairways were plowed under. The course had been losing money, and crop prices had been breaking records, so the new owner did the type of quick calculation that is quietly reshaping the region and determined that it was more valuable as farmland. The first harvest took place this fall.
Across much of the Midwest the sharp increase in farm earnings has driven the price of farmland to previously unimaginable - and, some say, unsustainable - levels. But in the process, to much less fanfare, the financial rewards have also encouraged farmers to put ever more land into production, including parcels that until recently were too small or too poor in quality to warrant a second glance."
Thanks to Nate Berg