South Central, MN | Little papa - 11/13/2024 11:14
Manufacture of bigger farm equipment, no-till, one,two pass chemical and clean field.Bank borrowing money like no tomorrow. You use to never heard of farmer with million dollar debt and now not uncommon. And greed. Pushing the pencil to the limit. With combination of all above= perfect storm
Are the banks and farmers better situated that the 80's. Is there more "equity" put into land and machines than there was in the 80's? |
So what caused this?
