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The Big Reset underway..?? Corn to $2.. Beans to $6. When does it hit input prices?
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Big Ben
Posted 10/27/2018 20:17 (#7068925 - in reply to #7068815)
Subject: RE: Not much equity burn yet for crop guys


Columbia Basin, Ephrata, WA
NE Ridger - 10/27/2018 17:22

dpilot83 - 10/27/2018 09:03

[snip]

While it's true that group of farmers would likely be better off if they were to rent their ground out and then thoroughly apply their labor and operating expenses in another endeavor, it's probably just wishful thinking that they are "burning equity". The only way their balance sheet will decrease year to year is if the value of their land decreases.



Exactly. Those guys aren't burning equity. That land will last them as long as they live.


FWIW I never said those guys are burning equity, and agree they will likely be fine as long as they live.

However, when they do kick the bucket and the next generation can’t farm and has to sell it because none of them can make it work, some of them may be left wishing a little more attention had been paid to that accountant.
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