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Can a million dollars buy a new line of equipment?
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Posted 3/2/2015 09:40 (#4424960 - in reply to #4424796)
Subject: RE: Your question reminds me about interest exposure


southwest illinois
Fry

I am confident $1000000 will get you in new machinery for 1000-2000 acres grain farming

for example $1000000 in machinery on 1600 acres

Lets say interest now is 2% but spikes to 10%

Interest cost per acre goes from $12.5 to $62.5.......$50.00 per acre increase
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