| IALTO - 10/18/2015 14:20
You keep talking about this like everyone is using 2012 numbers on their balance sheets. I'm quite confident any banker worth his salt has been adjusting and in many cases never adjusted the value of the land up much.
Cash flow will be biggest issue. If you can reasonably cash flow your farm then you should be in good shape. Those that can't may be forced to liquid some and get their family living expenses in order (the extras, not insurance, food, necessities, etc.)
There will be some that go down but not as many as it sounds like people like you are hoping for.
Your spot on there. I believe it was yourself and I that made that point the last time guys were getting revved up about the eightys and I believe there was little responses. Business cycles exist yes. Are they exactly the same every time.. No |
The Week in a Picture - Beans
