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Land x and y generation
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rollig
Posted 9/23/2010 20:49 (#1371584 - in reply to #1371495)
Subject: RE: Land x and y generation


SCMN

bobmullike - 9/24/2010 19:02 What is going to happen when us 20 something year olds cannot aford to pay cash rent or buy the land when the elderly generation passes and it gets sold and goes to heirs. Then heirs charge high cash rent and us then 30 something farmers will have to have a good banker or find something else to do

What do you mean "when"?  It's all but impossible to get anything rented let alone bought right now.  I'm sure we young guys will get our chance.  It's all about being ready.  I would really love to capture some low interest rates right now, especially through the FSA, but if you can't make it cash flow no deal.  Maybe if commodity prices settle again, and more long term, things will level off.

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