Posted 12/4/2018 21:21 (#7149266 - in reply to #7148902) Subject: RE: What would another recession do to the Ag economy?
Well as one sheep guy to another, the one advantage we had back in 08 was we were coming off some fairly good years in ag and we still had viable export markets. Now go back to the recession in the late 70's where we had a similar situation as now. Bad US economy and the Russian grain embargo similar to what we have now with the tariffs. It pulled ag down hard and took years to really fully recover. A recession now would be much rougher on ag than the 08 dip was. IMO.