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| There`s a difference between losing money and going broke (which makes this time different) . Like if costs in the $4.33 bu includes buying a brand new Denali each year, all the big guy has to do is skip the new pickup (among other machinery annual purchases) for another year or two and the C.O.P is lower. If a soil test shows it`s in optimal range, this would be a good year to do it. Some have Jerry Gulke (or whoever) do their marketing and they essentially "sell the crop" 2 or three times making some money each turn. Plus there`s off-farm side hustles that subsidize the farm. | |
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Are you losing money at these prices?
