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coup
Posted 11/18/2012 20:17 (#2704760 - in reply to #2704662)
Subject: Re: Hate to say this


USA
But if you don't own the majority of the ground you farm with little or no bebt and cannot stay afloat with 2-3 years of $4 corn. You'r pretty much screwed going forward.

The guys renting most of the dirt they farm and have to borrow operating money along with having machinery debt will have a hard time surving the next 5-10 years.

The deep pocket folks will pretty much squeeze the weak out over the next 5 - 10 years.

Have seen 4 farmers in this area loose all or most of the ground they farmed in the last 60 days.






Edited by coup 11/18/2012 20:23
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