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Ranch/Cattle Financing
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<blockquote data-quote="Oldtimer" data-source="post: 581571" data-attributes="member: 97"><p>I picked this off another ranchers blog...I'm kind of in the shape he is where what financing I need is thru a traditional bank-and have very little debt- so except for the sorry shape of calf prices, I haven't thought much of it....</p><p></p><p>But I do know some ranchs that are heavily financed thru all kinds of financial institutions- all over the country- and some big outfits that have been living from one lending company to another- and on very tight margins already...</p><p></p><p>Along with the fact many feedlots need huge operating loans to function- and some around here that feed out large numbers of cattle owned by individual investors...</p><p></p><p>Has anyone heard if this is causing any problems in the Ag/cattle/feeding sector yet? </p><p></p><p>Like he said in the article- it would sure be nice to have a crystal ball...</p></blockquote><p></p>
[QUOTE="Oldtimer, post: 581571, member: 97"] I picked this off another ranchers blog...I'm kind of in the shape he is where what financing I need is thru a traditional bank-and have very little debt- so except for the sorry shape of calf prices, I haven't thought much of it.... But I do know some ranchs that are heavily financed thru all kinds of financial institutions- all over the country- and some big outfits that have been living from one lending company to another- and on very tight margins already... Along with the fact many feedlots need huge operating loans to function- and some around here that feed out large numbers of cattle owned by individual investors... Has anyone heard if this is causing any problems in the Ag/cattle/feeding sector yet? Like he said in the article- it would sure be nice to have a crystal ball... [/QUOTE]
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