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How many debt free farmers?
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redoak
Posted 12/28/2025 07:32 (#11486626 - in reply to #11485983)
Subject: RE: How many debt free farmers?


deep SW On.
Dan Loehr - 12/27/2025 15:54

Great to rent 500 acres, buy a 40 every few years, and use junk equipment, almost NEVER works like that

Darn had to forget 1974 till 1985

Dan


Like those in the Depression , that '80's era of 22% interest & land dropping 50% ...Sticks with you a long time . Most who really started farming around 2007 ethanol boom never have seen much in set backs yet.

Buying land "here" today you just have to bet on inflation . Depending where you are in Ontario $20-50k cdn. acre . Sucks a lot of $$ . Local Deere dealer has a S7 700 used with 49 hrs., only asking $949k ....

Younger ones tell me too shut up your old,true, but you still need to make the payments
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