How do the numbers work out at what you would consider normal rent, and at 75 percent of that normal rent?
Liquidity, is your income stable and are your other assets liquid enough to cover all your payments? The 1980 Russian grain embargo triggered the last farm crisis when farmland prices dropped by over 50 percent. It took over 20 years and the ethanol subsidy before farmland recovered to 1980 prices. Until the ethanol subsidy came along grain prices, farmland rent, and farmland prices were flat, but livestock was profitable.
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Today's Featured Article - Threshin Demonstration - by Michael Delaney. Introduction I bring you greetings from Prince Edward Island, Canada. We are Canada�s smallest province but big on farming. Maybe you�ve heard of us. Potatoes are our biggest crop. However, there is lots of mixed farming here also. I have a small mixed farm with 25-30 cattle. I make very good use of old machinery. I have a 135 MF Diesel, Farmall H and 1/3 share in an Allis B. I have complete lines of tillage and harvest equipment, and a saw gear etc. I have everything one would
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