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Asking about tough farm economy times
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northmofarm
Posted 11/12/2012 13:42 (#2693056 - in reply to #2693018)
Subject: Re: Asking about tough farm economy times


Think there would prob be several go under just like any other business that takes off then the market falls, but farming may set better than most. At least in my circle of friends most don't borrow money for equipment or lease it. Most have very small or no operating loans these days, and most have half or more than half of there land paid for. I'm sure it would slow down the big cash rent real quick and farmers would be neg leases just like the landowners did on the way up. We don't have a 500/ac rent around here though!!
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