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Think of land price as bushels of corn, MU economist tells Breimyer Seminar

To help farmers decide how much debt farmland can support, Joe Horner asks them to calculate payments not in dollars but in bushels of corn. That may surprise some on how cheap land has become.


Horner led those at the 2012 Breimyer Seminar through his way of thinking about how much mortgage payment a farm can absorb.

The University of Missouri seminar on land prices reminded Horner of his days

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