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Land payments
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coup
Posted 12/1/2024 13:21 (#10990577 - in reply to #10990516)
Subject: RE: Land payments


USA
Working in the city - 12/1/2024 11:41

Just curious coup on what of your reasons are for it getting ugly? Multiple year down turn, high interest? What else?


Cash, liquidity shortage . Problems started showing up summer of 2023.

200 bu corn x $2 bu less =$400 acre. 70 bu beans x $3 = $210 acre. 50-50 corn bean operation = $300 acre less revenue x 1000 acres = $300,000 less revenue per 1000 acre farmed x 2-3 years = problematic.

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