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Creation of working capital
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indeeppigfarmer
Posted 9/26/2021 09:36 (#9239149 - in reply to #9239127)
Subject: RE: Creation of working capital


Out if the expansion I would make a push to pay your tractor off sooner, having no payment will be the winner if you can get it paid off during these times or relatively high prices. Cash flow will be more important if we move down to $3-4 and 9-11 in 2 or 3 years. Then you will be glad you don’t have that payment.

Pay off during good times … tougher times are likely ahead.

Look for upgrades after a period of low prices… Better times are coming.
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