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soybeans are f s ars are fungib. but farm value is going down. but even karl rove has written in the wall street journal that all of this together more than potentially erases the tax cut benefits voters are seeing. how will this play as a political issue ahead of the midterms? let me tie together the economics and politics. i spoke to a friend of mine who has built a business within the auto industry. he took it from five or ten people up to almost 70 people right now. i just spoke to him and asked how are these tariffs in china going to hurt you? his first response was it s not just china, also what s happening with canada. what s happening is they are taking this material coming into the united states is being used by him to create a part which is then sold to a warehouse this is
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loans. it is a combination bound to boost farm value. we still have relatively strong commodity price, very low interest rates. the combination probably gives you land prices what are becoming what i call fully valued. reporter: also driving up demand, a trend in the midwest where states that doesn t have cattle ranching are starting to see more and more of it. this obviously takes some land less than dirt farming but it increases demand on this. we re seeing farm sales in the midwest region, jon, that go one million, common, two, three, four. there was a farm sale out in iowa last year went for ten million. stop and think about it. these are farmers putting down, 50, 60, 70% down payments on these huge parcels of land. they have got money in hand because of those grain prices. jon? jon: well it is nice to see farmers finally getting a break. reporter: exactly, exactly. jon: a lot of them struggled for a lost years. steve brown, thanks. jenna: it is a rare display giving some fol
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