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Dougherty, IA | The bigger guys are expanding or have expanded, which makes the odds of them operating on cash even lower. They not only need to pay last year's bills, but the inputs for next year on more acres. throw taxes in there and the cash goes pretty quick.
Some folks bought cheap land and have done really well for themselves. Some folks have big off-farm income. Some folks inherited it. For the other 90+% there are operating lines, no doubt. | |
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