AgTalk Home
AgTalk Home
Search Forums | Classifieds (20) | Skins | Language
You are logged in as a guest. ( logon | register )

"Sell up to your bushel guarantee"
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
1234
Posted 6/23/2017 05:32 (#6085347 - in reply to #6085330)
Subject: RE: And make sure ....



Death comes to us all. Life's but a walking shadow
Quote: " The remaining $3.80 would be used to pay off your loan.". Make sure the $3.80 will cover the operating loan and all other obligations for the coming year. He's only been farming for 5 years, there's a chance he has some pretty stiff obligations. If you own the farm free & clear, have no debt on the equipment and no rent payments, gambling up to the insurance bushels might work but otherwise be a little careful.
And remember, the $3.80 is the board price, not the local price. You need to take basis into account as well.

Edited by 1234 6/23/2017 05:35
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)