Posted 10/29/2026 12:04 (#11788807 - in reply to #11788660) Subject: RE: Crop insurance
Pittsburg, Kansas
I went from having no operating loan self financed farming up till about 26 years of age. Then had to borrow half my net worth to get out of first marriage and never looked back, LOL. In big debt all the rest of my active farming life. Usually in the 30-40% debt to equity range. It was aroung 40% where (I found out later as a member of the bank board on the bank I borrowed from) where the bank examiners wanted to make sure the bank had their bets covered. That was kind of the teetering line where a guy could to great it things were going well to in trouble in a pretty big hurry if things went south. It may be different now. That was many years ago.
How do the BTO's get 25-35,000 acres?
