|
| Obsolescence with respect to his equipment, some part of that "profit" has to be earmarked for his labor, and depending on when the rent is paid, interest on the $341 and the $250,i.e., you may be out these sums months before the revenues are generated. Also, even with insurance, when will the proceeds be available? With some carriers, you can't pursue an insurance claim until all your crop is in. I think the winning bidder is chasing a skinny margin. I love to farm as much as the next guy but I want the fruits of my labor to benefit me too. | |
|