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? For resident bankers re working capital
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golfnut
Posted 1/31/2024 11:57 (#10602163 - in reply to #10601966)
Subject: RE: ? For resident bankers re working capital



Central Nebraska

As a former banker I'll suggest there is no magic number.  Less leveraged operations can operate with a lower level of working capital compared to highly leveraged operations.  That in itself presents an issue but these conversations have the ability to end up like a cat chasing its tail.  I prefer to look at it on a $/acre basis.  $200-$300/acre is probably a good starting point. 

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