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Debt
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<blockquote data-quote="Clive" data-source="post: 6388296" data-attributes="member: 6"><p>I was at a dinner with a load of ag bank managers not long ago and I was amazed how little debt there is in agriculture </p><p></p><p>Vast majority of Uk farmers have no borrowings at all and average overdraft was under 50k ......... less than most none farmers will owe on their house mortgage </p><p></p><p>Not sure it’s as bad out there as we often assume ?</p></blockquote><p></p>
[QUOTE="Clive, post: 6388296, member: 6"] I was at a dinner with a load of ag bank managers not long ago and I was amazed how little debt there is in agriculture Vast majority of Uk farmers have no borrowings at all and average overdraft was under 50k ......... less than most none farmers will owe on their house mortgage Not sure it’s as bad out there as we often assume ? [/QUOTE]
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