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The Big Reset underway..?? Corn to $2.. Beans to $6. When does it hit input prices?
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NE Ridger
Posted 10/26/2018 14:42 (#7066776 - in reply to #7066240)
Subject: RE: Not much equity burn yet for crop guys


EC Nebraska
Big Ben - 10/26/2018 09:19

timis - 10/26/2018 04:16

. If you have $200-$500 in your back pocket of making the rent payment to yourself or not making a land payment things stil work.


Is it really working though? They may not run short on cash but they’re not actually making any money if the rent is subsidizing the farming. Those are the model train guys someone else referred to above.




What difference does it make? If the ground was paid off with $6 corn, there's no need to pay for it again with $3 corn. Some guys here still have enough $6 corn money left that they're still buying more ground.

As long as their cash flow exceeds the bills and taxes, they don't really care whether or not an accountant thinks they're making money.
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