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$3 corn prediction
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Excalibur
Posted 6/9/2024 19:49 (#10769409 - in reply to #10767505)
Subject: RE: $3 corn prediction


SC WI
Leased equipment and rented land is what makes up a good portion of cash grain operations. The ones positioned right would surrender or bankrupt an entity, leaving the landowner or Lender high and dry. This could lead to a very slippery slope of values plummeting.

If corn goes to a point where I can’t break even with what I have, my rented ground and leased equipment is gone and I’ll farm another way or increase my non farm income.
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