Originally posted by caseih
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Originally posted by farmaholic View PostLots of input credit farmers around here. When that well dries up and all that rented land hits the market....look out below!
How willing are lenders going to be to extend more credit in these uncertain times?
I've had good luck moving the crop so far, but there is still crop in fields out there and probably less of it will be harvested and cheaper priced in some cases. Extra cash?....I see credit tightening up.
Is this going to lead to even bigger farm consolidation?
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So here’s rhe dilemma small picture whether farms will survive big picture will
There be world shortage of food (wars).
As long as a farmer has equity get the crop in the ground. Others are getting money not
Loans????
Crop might be worth 30% more in the fall if other countries can’t produce and can buy. Crop might be worth 50% lesson the fall if can’t move it or no one can buy it. Or worth nothing.
So tell me which one of these is rhe most important? And with crop at 50% how many are viable? Nobody knows any of this except everyone will know if acres go unseeded and there is a drought or flood and food is short everyone willl know who didn t take care of that situation.
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Originally posted by woodland View PostI don’t know about you guys but my lender will still gladly lend me enough to sink myself. Are these folks with credit issues the same perennial ones every year? Just asking .......
You will be getting lower prices while the US rancher is made whole....
Thought some would have learnt from BSE and what it did ....
If borrowing is the prerequisite of success ....carry on.
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Originally posted by the big wheel View PostSo here’s rhe dilemma small picture whether farms will survive big picture will
There be world shortage of food (wars).
As long as a farmer has equity get the crop in the ground. Others are getting money not
Loans????
Crop might be worth 30% more in the fall if other countries can’t produce and can buy. Crop might be worth 50% lesson the fall if can’t move it or no one can buy it. Or worth nothing.
So tell me which one of these is rhe most important? And with crop at 50% how many are viable? Nobody knows any of this except everyone will know if acres go unseeded and there is a drought or flood and food is short everyone willl know who didn t take care of that situation.
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