Posted by wgm on March 10, 2017 at 13:47:43 from (66.11.102.200):
In Reply to: hard times posted by kccca on March 10, 2017 at 12:20:31:
I started farming in the 70's and remember the 80's. What you need to remember the 80's were preceded by many very profitable years for farmers just as today's farmers experienced some very profitable years. My dad always said you need to average out the bad years with the good years and the farmer will survive. The main problem is when profits were are high many farmers would go on buying binges for both machinery and land and also run up rents thinking the good times will never end and wind up getting themselves in trouble. This is exactly what's going on today.
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