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Nw Iowa | I made a lot better return on assets when I borrowed a lot of money in first 3/4 of my farming life. Being proud of no debt is fine but smart debt is what makes operations grow. Prepaying inputs, working carry on grain, improving drainage, having someone else’s money work for you is not a bad thing. So congrats to those that are debt free, but no badge of dishonor to those that borrow.
Edited by jdironman 5/14/2022 05:55
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% of farms with an operating note
