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Keep a level head when assessing farm financials

2016-07-11 21:37:00| Corn & Soybean Digest

In the emotionally charged era of the economic downturn, interesting exchanges occur between lender and borrower. At a recent agricultural bankers’ conference, one lender asked, “What do you say to a farmer that tells you, ‘It’s my net worth and if I want to lose $200,000 in equity it is mine, not yours.’” Well, in some cases, producers with high net worth may feel able to take the economic hit. However, there may be more to a comment like this that necessitates further examination.  read more

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