Posted 9/5/2014 17:21 (#4057659 - in reply to #4057404) Subject: RE: Bankers in for bad fall.
South East Minnesota
$3.50 bu corn x 200 bu per acre=$700 per acre-$450 acre non land cost=$250 acre left for land. I am surprised at the number of people that think a lender is going to loan money to farm at a loss. It will require using some cash of your own or maybe taking out a long term lone to pay short term expenses. When the equity runs out you are done. Things changed fast.
Bankers in for bad fall.
