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Rabo predicts more profit loss
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rebuilder
Posted 6/19/2024 14:35 (#10780169 - in reply to #10779844)
Subject: RE: Rabo predicts more profit loss


Bourbon,Indiana
Reality speaks - 6/19/2024 10:21

2023 60% of operations lost money. 100% of operations ate up working capital. 30% of operations took on a lot more term debt via land and equipment purchases. 100% of 2024 projections were worse than 2023 projections


May I ask...is this just Northern ILL?
While the 2024 projections don't surprise me, I am kinda surprised about the 60% losing money and 100% losing capital for 2023 with the high yields and coming of higher prices.
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