sw ontario | fourcubs - 1/30/2015 19:45
burn equity one in every 5 years we just plan on it.
Maybe the way livestock prices move we see and accept P/L as normal business. Its only the last 1/2 doz. yrs. that grain farms always had positive returns . Things always look the worst at the bottom , I see a few more older farmers deciding to have a sale & retire but have not ran into any body else giving up rented land as most are still in expansion mode. If equity gets burned for 3 yrs. or so there will be some changes . First couple of yrs. guys can make promises and BS to keep LL's and bankers happy. Long tinme ahead to sell or price before harvest..........and if the wheels fall off farming ,everybody will be hurting and its better to megoiate when industry is in trouble than you alone...Don't worry-be happy.....and maybe take a few days of holidays/rest |
just ran the numbers
