Thursday, July 16, 2009

Leverage

Dairy farmers are highly dependent upon loans. In the current crisis the farms which will be forced out will be those who are most leveraged.

According to the most recent Ag Census, there are more farmers over 70 than under 50. The logical outcome of this crisis is the farmers under 50 will be driven out.

Is this prudent dairy policy?

1 comment:

  1. Those farmers still working after age 70 obviously aren't working as hard as me. I've been dairying fulltime for ten years. I am 47, and I don't think my body will last another five.

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