Posted 12/27/2015 07:53 (#4989650 - in reply to #4988599) Subject: RE: Should a established farm need an operating loan every year??
Mn
It depends at what stage you are in your farming career. You need borrowed money if you are in expansion mode, but when you get to the retirement phase you would have a different mindset. There is no right or wrong answer to this as long as the loan gets paid back.