Posted by mitchell on 28th of Dec 2022 at 11:19 pm
Agreed, bullish on Ag. Sold positions earlier this yr, used
profits to buy quality Midwest farmland renting back to farmer.
Farmland has been on tear last few yrs (~20% last yr alone) w/ no
slowdown from higher rates…mostly cash buyers. Main concern I
have is a global type debt / credit event, but 2008 had no impact
on Ag…actually went up then. Low correlation to stocks, but high
entry prices.
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Agreed, bullish on Ag. Sold
DBA
Posted by mitchell on 28th of Dec 2022 at 11:19 pm
Agreed, bullish on Ag. Sold positions earlier this yr, used profits to buy quality Midwest farmland renting back to farmer. Farmland has been on tear last few yrs (~20% last yr alone) w/ no slowdown from higher rates…mostly cash buyers. Main concern I have is a global type debt / credit event, but 2008 had no impact on Ag…actually went up then. Low correlation to stocks, but high entry prices.