Posted 9/15/2013 09:46 (#3328970 - in reply to #3328940) Subject: Re: No reason for doom and gloom, let the good times roll
NEMO
I think he better use a lower corn price for his cash flow projections. With the payment on current land prices and him only having 300 extra acres to rob from, he's gonna have to sell some corn at some point to make payments. Also, he wants in the worst way to quit his town job and I hope he can, but he better think long and hard about a big land purchase and where that might leave that dream. Three for years(or more) in a row of mid-late 80's type profits and he could be lookin at a retirement from the town job 35 years down the road instead of 3.5 years. Good luck. JMO