Posted 7/22/2014 13:53 (#3980512 - in reply to #3980434) Subject: RE: 2015 Budget – Question from Observer
Dougherty, IA
Equipment, shops, bins, land clearing, acreage demolition will be the first thing to go when things get tight.
Fertilizer is a pretty inelastic product - you can cut a little here and there, but by and large guys need it.
Seed - will have good profits for another year but if corn price stays low, prices and profits will come down for them too.