No, I did not see it till you pointed it out. I know from talking to guys in years gone by that the banks often required certain customers who lacked in collateral relative to the operating loan to take out crop insurance even if it was the catastrophic 50% 500 dollar premium per crop unlimited acres. I am thinking once commodity prices recede from their historical highs that certain farmers will not be able to budget a huge increase in operating expense. Nobody knows for sure what will happen but there are guesses that unsubsidized costs for something on the order of 70 percent coverage may run in the neighborhood of 80 to 100 dollars an acre or more. I know JD Seller was on his bank's loan committee so I don't know if he or somebody else can comment.
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Today's Featured Article - On the Road with Dave Gohl: Auction Musings - by Dave Gohl. I was thinking the other day about all the auctions I've been to in the last few years. There've been many. Some have been very good, some have been well, disappointing to say the least. But no matter how good or bad auctions may be, we always seem to stay until the item we've come for or are interested in is on the block. I've been to some auctions near and far. I think the furthest has been the Two Cylinder 7 in the Amana Colonies last year. Lots of stuff, lots of people. I've also atten
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