RE: Debt to asset ratio: I saw that and don't believe it is
Posted on: August 13, 2019 at 16:39:45 CT
meatiger MU
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I went to the original report on farm progress
It was a report of 120 farms in Nebraska. Looks to be about 25% (30 farms) that might be over 80% debt to asset ratio, and another 10% (12 farms getting close). This is Nebraska only, which is mainly beef and grain.
I would guess if you go to Wisconsin (dairy has been horrible for 3 years now, it will be much worse, and some corn states (Iowa) would be much better.