The Register article explained that, “Noem, now 41, said people today planning to pass a farm operation on to a family member are in ‘a much worse position than we were back then’ because of the increase in land values.
“When Noem’s dad died in 1994, an acre of land in Hamlin County in the eastern part of the state sold for $650 to $800 an acre.
“Today, some of the same land is fetching $7,000 an acre.”
Monday, December 10, 2012
Richer Is Worser
From today's Farm Policy,an article discussing Rep. Noem of SD