These ultra low crosscalatirized interest loans are going to vaporize alot of farms when they have to refinance there loan portfolio to get operating capital this spring
@gregkoenig920011 күн бұрын
It doesn't matter,this ĝuy never ran his own operation and faced a situation that was caused by bad govt policy. Our farming operations are controlled by policy more than decisions
@LarsonFamilyFarm-LLC10 күн бұрын
Those kind loans will bury farms...like you say vaporize.
@PeteThecurious10010 күн бұрын
Your government cannot afford high interest rates so in the future interest rates could be lower than you think...
@chrisk-c1i10 күн бұрын
I think Pete your absolutely right about the government and interest rates. The government (federal reserve) is bringing alot of revenue threw high interest rates Trump tariffs will drive inflation which will support short term interest rates up. The government always seams to want to inflate there way out of monetary problems. FarmPlan going into spring there 20% interest. Nutrient AG Solutions 12%+. I'm absolutely no expert on interest rates but what it is today is what it is when you go get a 20 or 30 year note today 8 to 9 %. I hope they come down like you say
@LarsonFamilyFarm-LLC10 күн бұрын
I know what you're saying on methods "cause we've always done it this way" ego related decisions aren't the best.....but any intelligent farmer that fills out his OWN paperwork 1040 Form F, KNOWS exactly WHERE his plan and costs are failing him....areas that needs improvement or big changes.