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Low Corn prices starting to take its toll on Big Farms
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zmracing
Posted 8/31/2017 22:29 (#6221968 - in reply to #6221635)
Subject: RE: Low Corn prices starting to take its toll on Big Farms


west central MN

I think CHS is in the business of financing crop inputs and not land or machinery. I would think most of that $145,000,000 would be just for crop inputs and someone else would have their machinery and land financed. I would guess that CHS would take a 2nd or get a mortgage on any land that they can but I would almost think that most of it would be unsecured debt. 

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