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
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