Posted 11/16/2023 09:05 (#10484148 - in reply to #10483752) Subject: A couple things not considered
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1) average yields never go down even though prices do. My first harvest was 1977. Steady upward since then
2) taxpayer subsidized crop insurance. You can make the case that it’s too generous , but since it is the policy of our land , I guess we will use it.
These and other factors blur the lines. I’m always intrigued by the thoughts of people that have never managed to make a down payment on a farm.