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SW Ontario | Like many things in farming, it becomes a "depends" situation. How old is the owner/manager of the operation? How much land is owned free and clear? How much is rented? How long has it been at current ratio? Is there livestock involved? What's working capital situation? Someone who is renting 90% of their acres should be able to pay off their debt a lot faster than someone who owns 1000 acres free and clear. | |
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Farm level Debt / EBITDA
