MN | idalivered - 8/26/2017 10:54
Truthfully, these may not be "hard times" these are just "normal times". I've probably farmed longer than you and many years we were happy to pay our bills , pay the rent , and feed our families and put our kids thru college. . 2011-2015 were the aberration. Cash flows were always tight.
Maybe you should have "diversified" your operation by purchasing some farmland along the way, so that you could have that paid for land to shore up your cash flow. as you said "that's just too bad".
Ive had several good landlords, and I don't expect them to take any less than anyone else. It sucks to be us.
What should come down (imo) is shop rates, health insurance, prescription drugs, dentist costs, electric rates and property taxes.
+1, we weren't feeding livestock all those years for the pure joy of it, but it paid for the land, paid for family living, everyone wants to just raise corn, its fun, its easy, but quite frankly if you take a few odd years out there never was much money in it. |
Land cost
