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Southern Missouri | I’m probably wrong as usual but I could never see at farm credit how locking it in for 20 was ever the wrong thing to do , as example if you locked it at 20 for 4.5 percent and 365 days later it was 3.5 , pay the interest up and redo at 3.5 , can do it ever 365 days , length of loan ( original 20 years ) stays the same so never could see not locking long term there , sure worked out good as everything now is locked for remaining years at very very low rates , also if a man been farming a long time and wants to buy a piece, surely he’d have a place or two paid off to use for the new 6 percent money and not have to redo a 2.9 percent loan , if he had every piece hocked not sure I’d be bidding | |
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3.12 corn and 7.90 beans
