Don't sell the farm!

William Hughes Games on Thoughts on the Roof describes very well the reasons why so many of our farmers believe that selling to foreign buyers is vital to their success.


"Some years ago, we went cold turkey on farm subsidies and it was painful.  I think most commentators would now agree that we have a far better farming system because of it.  Stopping overseas buying of our farms would also be painful for those who want to sell their farms since it would undoubtedly lower farm prices but it would, I believe, also lead to a far better farming system.  Now that the banks are loaning on the bases of revenue rather than equity, the lowering of farm prices would have no effect on the financing of a farm. "

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