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| I'm beginning to think a lot of this sort of reporting is plain old fake news. Almost every year some guys are having financial issues (ILFF crashed during record prices), however, this year accountants are working overtime to give bankers a piece of paper that makes them happy (and lending money). So, it's tight already for more than just a few (even folks on agtalk are edgier than normal). Also, who says things are getting better when prices are clearly heading farther away from typical COP's. Doesn't make sense to me.
On the livestock side, it has been good after lots of years of bad. The lower grain prices are making things work much better even if meat prices fall some. Last time I checked, us livestock guys are far fewer than grain guys so I'm not sure how we pull the average up much. | |
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USDA Predicts 13 Percent Farm Income Climb in 2017
