west central illinois | CAZ - 5/5/2015 13:07
What would you do if this turns into a 25 year low cycle. In the 1950s and 1960s, we worked on developing off farm income. Liked farming but cut back a little. It got to the point for some years off farm income subsidizied the farm. Things picked us in the late 1960s and 1970s.
If a bad war breaks out, farm prices will improve quickly. It least that is what has happened historically. Good or bad news, I would hang in there for a few years and get a hopefully better idea for what the future might bring. as I said I'm not going anywhere. I'll just go back to working two jobs like before. I actually enjoyed it more then. Then if it is a 25 year low. I'll be 61 when it's over. Which then I can work a few more and cash out in the highs. I'm not going to burn equity at that age. I can at this age. |
My apology
