Land speculation bandwagon

YOU know it’s time to sell when the shoeshine boy tries to give you stocks and shares tips.

Thu, 04 Sep, 2008 - 01:00

The famous quip of Joseph Kennedy — father of former US President JFK — comes to mind when considering the so-called food boom.

In the US, the average price of an acre has doubled since 2004. In the Iowa farming heartland, it is nearing the 1979 high of 22 times annual rent.

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CourtsPlace: USPlace: IowaPlace: BritainPlace: TanzaniaPlace: LaosPlace: KazakhstanPlace: BrazilPlace: IndiaPlace: UruguayPlace: ParaguayPlace: South KoreaPlace: SiberiaPlace: Abu DhabiPlace: SudanPlace: Saudi ArabiaPlace: ThailandPlace: Middle EasternPlace: north AfricanPlace: AfricaPlace: AsiaPlace: EthiopiaPlace: UkrainePlace: IrelandPlace: RussiaPlace: ChinaPlace: AmericaPerson: Joseph KennedyPerson: US PresidentPerson: JFKPerson: Agriculture SecretaryPerson: Ed SchaferOrganisation: US Department of AgricultureOrganisation: Moscow governmentOrganisation: International Grains CouncilOrganisation: Russia
<p>The market demand and stronger supply have combined to put pressure on the prices being returned both at the factories and some of the live sales. File picture</p>

Processors price lambs day by day as market nervousness grows

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Paula Hynes

Paula Hynes

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