Posted 2/9/2014 19:11 (#3676976 - in reply to #3676717) Subject: RE: For the guys going to the Texas marketing breakfast tomorrow
No I am just curious how this land deal is going to work on even just $10,000 per ac. . I am not the best at math, but if you take a 1m at lets say 3% interest is $30,000 just for interest. So that works out to $300 per ac. and still have the principal to pay down. Now I am just talking cash crop ground that I am familiar with. Just asking?