Posted 2/17/2024 17:54 (#10627813 - in reply to #10627670) Subject: RE: This article doesn't scream they all paid cash"
Iastfan112 - 2/17/2024 15:28 Either that banker is out of touch or the farmers he's referencing are. That's a +$5.50 price required to break-even on corn, has to be some foolhardy decisions going into relying on that sort of pricing to run a farm.
There have been and still are some completely asinine decisions being made on land costs.
If it takes $2.50-$3/bushel to pay the rent it’s gonna be tough to stay in the black.
This article doesn't scream they all paid cash"
