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operating loans
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RCR
Posted 1/6/2017 14:06 (#5748998 - in reply to #5748437)
Subject: RE: operating loans


SW Ohio
I heard that some farmers have been paying interest only for 3 years on operating notes.

As a young farmer, I am eager for these tougher times.
Picked me up a set of 1560 drills for 19500 loaded with si belts, hydraulic augers for each drill, monitor on every tube, good shape boots and disks. 3 years ago that rig would have brought 45k or more.

Looking at 120ft boom sprayers now....every day the farm economy doesnt pick up...there will be more and more deals.....except for land!
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