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Leesburg, Ohio | Don't let your fear of using an operating loan keep you from fixing things that will limit your production results and profitability.
Borrowing operating money should be a standard business practice practice as long as your return is greater than the interest rate you pay.
That said, lime and fertilizer should be the first thing to attack on new ground. You don't have to "fix" all the deficiencies in the first year, but at least get started on them.
Tile your own ground first, and do the wettest fields first.
The ability to save for buying more ground will be limited if you don't fix what is limiting your production/profitability.
Edited by KDD 9/24/2023 14:11
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Establishing Priorities
