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DOWS, Iowa - Since the real estate bubble burst, home values are down 32 percent, but farm real estate is soaring in the struggling market; between 2007 and 2010, it jumped 17 percent.It s a land boom right here in Iowa, CBS News correspondent Barry Petersen reports.Iowa farmland prices leap, but not job marketHere in Dows, population not quite 550, on a recent chilly morning it seemed half the town was packed into the local community center.The occasion was a land auction. Presiding, a man who calls himself the dirt dealer. When farmers make money, they buy one of two things, usually, iron or dirt, said Jeff Obrecht. I sell both. stanley cup For 30 years, Obrecht has been in the farm equipment and land business, and business is booming. There s been no better time in our history to sell a farm than today, Obrecht said.While real estate values continue to fall in much of America, stanley cup values for farmland soared here 32 percent in 2011, the biggest gain ever.The upsurge is driven, the dirt dealer said, by the perfect storm of low interest rates and the high price of corn, thanks to strong exports and the increasing need for corn to make ethanol.The more productive the soil, the more it s worth, and at an average price of $6,700 an acre, it s worth a lot. Black gold is what you re holding in your hand, said Obrecht. It s not oil; it s dirt, and you can get rich off of it stanley thermos . The Oleson family owned the 148 acres that was up for auction. The family originally bought the Blkm Discover The Origin Of The X-Files In 1940s-Set Year Zero Comic
A few days ago, Sploid brought us a video of two skiers wrapped in LED l stanley kaffeebecher ight rope. The effect was extraordinarily weird and cool, and now GoPro has released the POV footage of the skiers themselves. Night skiing is always magical, but this goes beyond your average stanley termoska shadowy last run. The project was a collaboration between a creative agency called Ahlstrand 038; W氓llgren and Philips, which used the opportunity to promote its TVs. If you saw the original video by Sweetgrass Productions鈥攁n atmospheric, trippy affair鈥攜ou probably wondered how the hell the skiers were actually navigating the darkened Alaska slopes, given that the glow from their suits seemed like it would induce night blindness. https://vimeo/108679294 The video didn ;t include any POV shots, but luckily, GoPro finally put their version of the stunt online. It doesn ;t actu stanley cup ally seem all that difficult to navigate鈥攊n fact, the custom-made suits seem to make it possible to run backcountry routes faster, thanks to the glow. Check out the full clip below, and see the original on Sploid. GoPro |