Posted 11/4/2023 17:47 (#10468805 - in reply to #10468787) Subject: RE: You NW Iowa farmers borrowing too much money for land and
A new, run of the mill Peterwagon will set you back $200K. Get it all decked out and it will be over $250K. Pretty easy to find 175 wanna be super truckers to lend money to if that’s your business model. I bet the washout rate on new OO’s is over 75% and the write downs on newish trucks will get ugly fast.
You NW Iowa farmers borrowing too much money for land and
