Tuesday, July 31, 2012

No more agricultural well permits in the Flint River Basin!

EPD Restricts well permits in the FRB.

Post by Mike Flynn

With this restriction you can expect a few market reactions. 1 - The price of irrigated farm land will increase. 2- The cost of food production will increase. 3 - Dry land may see some drop in value.

How long will the suspension last? Who knows? Since we are in a 24" rain deficit, it may last a long time.


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