Golf Course Falls Victim to High Grain Prices
The new owner of the Whittemore Golf Course in Algona, Iowa has plowed it under to put in a corn crop for this year. This nine hole course was originally built in 1969. The new buyer decided that it would make more money as a farm than as a golf course.
This has caused some rift in the community since they now have lost their local course. Here is an article on the change over.
I have a feeling that we might start to see more of this happen in smaller corn belt cities if corn and bean prices stay high and the golf participation continues to decrease.
Paul Neiffer is a certified public accountant and business advisor specializing in income taxation, accounting services, and succession planning for farmers and agribusiness processors. Paul is a principal with CliftonLarsonAllen in Walla Walla, Washington, as well as a regular speaker at national conferences and contributor at agweb.com. Raised on a farm in central Washington, he has been immersed in the ag industry his entire life, including the last 30 years professionally. Paul and his wife purchase an 180 acre ranch in 2016 and enjoy keeping it full of animals.
Comments are closed.