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Renewal season
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Posted 7/10/2024 08:18 (#10805160 - in reply to #10804729)
Subject: RE: Renewal season

I really question if it’ll be down at all- any landlord is not concerned about profitability for the farmer, just their living standard. It really feels like the inflation numbers are down, but a lot of people are just now really having this last wave set in. I don’t see many willing (or able ) to take a cut and lower their living standard. Someone will pay it, and if the last 20 years is any indicator of how things go we’ll see consolidation and those guys that go “all in” will get rewarded with a rally in grains, allowing them to be profitable.
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