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How much working capital per acre does your lender want?
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Birddy
Posted 1/16/2019 17:07 (#7249564 - in reply to #7249558)
Subject: RE: How much working capital per acre does your lender want?



ND

ricefarmer14 - 1/16/2019 17:02 Bshauler, you can’t be serious....what percentage of farmers do you think have 50% of the cash to put into their crops....I say less than 10%. If you farm 5k acres half corn and beans you need 2 million or so to put the crop in, all these farmers have 1 million cash laying around? I bet s bunch don’t have that much net worth...

You are the one way off base.  A strong balance sheet for many farmers is in

this area, or better, well over 50%.  If you are not, then don't bitch about it on

here.

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