3 ms·
The land is going to be your largest expense in the typical case. If you truly can't come up with the money for inputs, how are you going to carry the land? You
by randomdata 5y ago
The land is going to be your largest expense in the typical case. If you truly can't come up with the money for inputs, how are you going to carry the land? You can often push your land costs until after harvest, but if you don't have the harvest to pay for it... And if you know you won't be able to put a crop in due to budgetary constraints, why wouldn't you rent it out to another farmer? There are lineups of hungry farmers ready to spend whatever it takes to find new ground to work.
I find it hard to believe that land is going to lay fallow this year specifically because of what's going on. Certainly people are adjusting what they plan to grow to optimize for the situation. That is definitely happening.