I think IOWA will be the gambling mecca of the world in 50 years

Fishhead · Sep 18, 2008

Why?

Strong farm economy and the booming wine industry.

People moving out of the big cities on the coasts and in the south.

Legalized sports betting

A jumpstart with casinos, as they are everywhere now. West Des Moines and up and down the Missouri and Mississippi Rivers will be thriving.

The word will spread about all the great tourist attractions to see in Iowa.........like but not limited to......... the mammath Butter Cow at the State Fair, Albert the Bull, the 24 ft. Mallard Duck in Mallard, the 40 ft Pocahontas statue in Pocahontas, the West Bend Grotto, the legendary ballpark in Ottosen, Bridges of Madison Countey, Field of Dreams, Kinnick Stadium, Okoboji Lakes recreational area, Pella Tulip Fesitval, National Hobo Convention in Britt, and the Amana Colonies.

.........and the #1 reason Iowa will become the gambling mecca of the world.......
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, GLOBAL WARMING will provide mild winters in Iowa.

ParanoidAndroid · Sep 18, 2008

I hate it when someone's child takes over their RX account and starts making $hithead posts

G.MONEY · Sep 18, 2008

Fish....You might think Iowa is the next Mecca...I have to say there is not a much I like about it when I have been thru it, so get off the Iowa Kool-aid

barman · Sep 18, 2008

I think we can all pretty much agree on having spent many long summer nights wishing we could just get enough time off work to travel to Iowa and check out that Mammoth Butter Cow.

Fishhead · Sep 18, 2008

G. MONEY said:
Fish....You might think Iowa is the next Mecca...I have to say there is not a much I like about it when I have been thru it, so get off the Iowa Kool-aid

..............you have to get off the beaten path my friend.

Make no mistake about it, Iowa is really a fabulous place.

barman · Sep 18, 2008

Oh wait!

With a good internet connection, you never even have to leave your house in order to See The World

Everything you always wanted to know about the freakin' MBC

http://www.iowastatefair.com/entertainment/buttercow.php

barman · Sep 18, 2008

And yes, I already know exactly what your next question is:

What happens to the butter from which the Butter Cow is sculpted?

It is frozen and stored during the year and reused for three or four Fairs. Butter sculpture has been part of the Fair since 1911. It takes an estimated 550 pounds of butter and 16 hours to craft the Butter Cow.

barman · Sep 18, 2008

Well, except for the guy who was wondering:

If you unrolled all the toilet tissue stockpiled for the Fair, how many miles would it stretch?

1,818 miles (That's 5 trips to Chicago from Des Moines, or one trip to Los Angeles!)

Or one trip to St Petersburg FL, which don't tell anyone this, but that's exactly how FISHHEAD finds his way back each year.

Fishhead · Sep 18, 2008

Good stuff Barman.............

Gambling is thriving right now in Iowa........casinos everywhere.

Having just returned from there a couple months ago, was very impressed.

The pokerrooms as a whole had only a $3 max rake on their no limit games..........and they provided comps.

PRAIRE MEADOWs is one of the most beautiful horse tracks one will ever visit.

Fishhead · Sep 18, 2008

Also, with the country struggling, IOWA is booming because of gambling and farming...........

Iowa Farmland Values Up 17.6 Percent from September 2007

Tue Sep 16, 2008 06:30 PM CDT

DES MOINES -- Iowa farmland values are still growing, but the rate of increase has slowed down slightly. The Iowa Farm and Land Chapter of the REALTORS Land Institute reports average cropland values rose 6.6 percent in six months between March and September 2008. The annual increase from Sept. 2007 to Sept. 2008 was 17.6 percent. That’s the fourth highest annual increase since the survey began in 1978.

Three Iowa crop-reporting districts had top-quality farmland sell for more than $6,000 per acre. The highest was west-central Iowa with $6,193 per acre for high quality cropland, followed by northeast Iowa at $6,071 per acre and central Iowa with $6,016 per acre for top land.

”Traditionally, east-central Iowa has had the highest-priced farmland, but with the late spring and flooding problems, farmers there were reluctant bidders this summer,” said Troy Louwagie with Hertz Real Estate Services in Mount Vernon, Iowa. Farmland in that district posted the smallest six-month increase of only 2.7 percent.

“The survey participants expect land values to stay strong if commodity prices stay high,” said Louwagie.

Roger Johnson, with Farmers National Company in Cedar Falls, agreed. “We’re seeing farms being bought with profits made over the past three years.”

"It used to be retired farmers would sell their farm and move to town. Now, they’re moving to town and they’re continuing to buy land and paying cash for it,” said Lyle Hansen with Southwest Iowa Real Estate Company in Audubon, Iowa. “A lot of buyers are 70 to 80 years old.”

While realtors are optimistic about future sales, a few cracks start to show in the land market. “We’re seeing a lot more volatility in auction sales than in years past. It just depends on who wants to buy the farm,” said Louwagie. “Also, decreasing returns in the livestock industry will likely slow sales in livestock areas that have been highly competitive in the past couple years.”

There is also more land coming up for sale. Landowners look at farmland values, which have appreciated 70 percent in the last five years, and worry about an increase in capital gains tax with a new administration. The current 15 percent capital gains tax rate is scheduled to sunset in 2010, Louwagie said.

If commodity prices stay strong, farmers will continue to want to buy land, said Louwagie, but “if corn and soybean prices drop back 20 percent, we could see farmland values level off.”

In other land, realtors report a reduced demand by outside investors for recreational land for hunting and discounts for CRP land that has five to eight years left on its CRP contract.

Survey participants included specialists in farm and land sales, management and appraisal.

At the informal press conference, the realtors were asked about cash rent. Loyd Brown, president of Hertz Farm Management in Nevada, Iowa, said that $250 to $350 per acre was the going rate for high-quality land.

Garner, Iowa, farmland broker Vern Prohaska reported he had talked with a landowner recently who was offered $400 per acre by a big farmer, and his current tenant had offered $325. But the landowner rejected the large farmer’s bid and even questioned his current tenant’s bid.

He told Prohaska the $325 offer was too much. “I don’t know what they’ll settle on. Some of these retired farmer landowners feel like $200 per acre is plenty for rent, and they want to keep their tenants in business. It’s not that important to them to get top dollar.”

The farmland brokers and farm managers reported that cash rents are still the most popular rental arrangement on Iowa farms, although interest has increased in flex, or modified, cash rents.

teazeman · Sep 18, 2008

i'll be dead in 50yrs so i'm sorry i won't live to see it.

Fishhead · Sep 18, 2008

teazeman said:
i'll be dead in 50yrs so i'm sorry i won't live to see it.

My guess is everyone on this forum will be..........

ParanoidAndroid · Sep 18, 2008

Fishhead said:
My guess is everyone on this forum will be..........

My guess is that in 50 years this post will still be LAME :finger:

nhoj · Sep 18, 2008

My guess in 50 years farming will be done in buildings or on the moon and Iowa will be just another shit hole. Butter will be banned because of it tranny fat content and no one will remember the cow. What is known as river boat casinos will be come brothels to employee the serveral million unemployed by the great Obrack Obamma. The United states of Mexico will require everyone to learn spanish.

trytrytry · Sep 18, 2008

best thing to come out of Iowa?

an empty bus

(a fun MN Iowa joke we tell)...

cy1981 · Sep 18, 2008

:think2:

Fishhead said:
Good stuff Barman.............

Gambling is thriving right now in Iowa........casinos everywhere.

Having just returned from there a couple months ago, was very impressed.

The pokerrooms as a whole had only a $3 max rake on their no limit games..........and they provided comps.

PRAIRE MEADOWs is one of the most beautiful horse tracks one will ever visit.

You were in Iowa and didn't call?

hno:

oldirtyku · Sep 18, 2008

ahhahahahahhahahahahha...

Fishhead · Sep 18, 2008

cy1981 said:
:think2:

You were in Iowa and didn't call? hno:

We didn't get a chance to see anyone other than family members.............whirlwind tour of sorts. Flew into Tunica/Memphis and then drove up to STL, over to KC, up to Des Moines, on to Fort Dodge, over to Manson, through Rolfe, up to West Bend, before hitting the hay in Emmetsburg.

You will be glad to know, the highlight of the trip for my girlfriend was the Pizza Ranch in Ames, just a couple miles down the road from the football stadium. Heck, we may be moving to the Ankeny/Ames area...........Go Clones.

AlwayzRight · Sep 18, 2008

Gambling Mecca of the worls? LOL... I wish. I am in Iowa and the only thing good is Des Moines, everything else is Lame, with a capital L.

Fishhead · Sep 18, 2008

AlwayzRight said:
Gambling Mecca of the worls? LOL... I wish. I am in Iowa and the only thing good is Des Moines, everything else is Lame, with a capital L.

You need to do some exploring.

I think IOWA will be the gambling mecca of the world in 50 years

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