Berniefeh Wrote:
Jun 10, 2012 11:09 AM
Read my first comment below - I was limited in size. I can't get higher prices in the years I have losses (mostly from hail) because the rest of the world did not get hailed out. The first 20 years I farmed, I had almost no weather related losses. The last 13 years, I have had major (read over 50%) losses most years. I ran up some major debts (over $500,000) to stay in business The past two years have been pretty good and I now have most of my debts paid off and have increased my employees to 3 from one. We are paying back the government in the form of taxes now. No one pays back the government for the subsidy the hurricane insurance like the farmers do in taxes in the years when they make a profit.