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Land rich and cash poor
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doathlon
Posted 12/14/2025 19:04 (#11470309 - in reply to #11470094)
Subject: RE: Land rich and cash poor


featherfarmer - 12/14/2025 16:35

doathlon - 12/14/2025 14:39

white shadow - 12/14/2025 14:21

I understand and I very much don't mean to be judgmental. We had bankers in the yard in the 80's. We worked in a manner that is almost hard to relate to by today's standards. Sometimes I will start sweating when I think back about what we were forced to endure. But funny thing is, it is the bad years and bad times I remember the most and in a perverted sort of way it is the years I most cherish. Digging in the financial hole next to my dad is a precious memory. We all have to ask ourselves; would it be right to deny the ones coming behind us the chance to experience the heat of the fire of financial distress and what it takes to survive it.


The reality is most of the farmers left from the early to mid 80's were not that leveraged as they were likely farming with dad who was. Basically the boomers never really saw the full brunt of the 80's and have been in wonderful cash positions since the ethanol boom of 2005. Gen x farmers have been through far more than the boomers ever were the last 10 years
You've farmed through one time period, some of us have farmed through both. You haven't a clue.


2016-2019 and 2024-Now are the worst farming situations in history since the great depression. The difference is farmers today have an average age of 10 years older than those in the 80's so the amount of land equity is far greater. The issue is the farmers in their 40's and early 50's today. They are in the middle of the greatest build out time in their careers and they have the least amount of equity ever. It actually matches their grandfather's. Articles have been written about this. You boomers were backed by family money and your dollar bought more. That is not true today. The difference is this group of farmers today that is most vulnerable has lived on much less per $ than their parents did. They have done it by becoming dual income households. That's something the 80's farmers largely had not done.
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