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Low Corn prices starting to take its toll on Big Farms
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Conan the Farmer
Posted 8/31/2017 21:24 (#6221763 - in reply to #6221709)
Subject: RE: Low Corn prices starting to take its toll on Big Farms



South Central Iowa
Did you read the MLive article?

It did not mention others by name; only CHS Capital for $145 million and CNH for $24 million. The other article mentions all others for $3 million including Case. We have some conflicting information out here.

If it truly is only for $3 million in equipment and repairs arrears, that is small potatoes. We are only talking about an annualized payment of $36 per crop acre on the 83,000 acres. I think the "Target 8" number is probably low.
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