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Grain sales influenced by inflation and availability of goods.....
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white shadow
Posted 3/2/2021 20:54 (#8869065 - in reply to #8868362)
Subject: RE: Grain sales influenced by inflation and availability of goods.....



East Central South Dakota
I, personally don't think it matters. In fact, this time around there are so many variables and balls in the air, it will probably be multiple events happening simultaneously for a perfect storm. When in history have we purposely closed down our economy ? (South Dakota didn't and we are booming). There is no precedent or road map to follow. Actually, with inflation, production agriculture is way better protected then most industries with a built in hedge. We pay more for our goods, but we are also selling our goods raised for more. The balance sheet is actually supported to improved with assets gaining value. Risk to production agriculture is with interest rising dramatically to slow inflation. Maybe pay some taxes and get your debt payed down.

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