Posted 3/9/2024 09:29 (#10658490 - in reply to #10657280) Subject: RE: State of Ag Banking
Southeast Colorado
jdironman - 3/8/2024 11:52
but we have mid range interest rates that are no way close to 80’s
But, we have inflated land and equipment values due primarily to previous low interest rates. 8% today is probably worse than 20% back then. Especially when you factor in that principal payments are not tax deductible on land anyway.
State of Ag Banking
