Possible Argentina debt default seen reducing corn output
Argentine farmers will likely sow less corn in the upcoming 2014-15 season if the government fails to stave off a new sovereign default in talks being held in New York this month, industry analysts said.
Meanwhile in Ontario...farmers have some debt issues too.
Well, at least farm income will stay strong...
And there's no risk of rising interest rates in Canada.
Funny thing about debt. You can't just wish it away, eh?
I don't know much about farming but I know a thing or two about debt and over-extension. I don't think any of this is going to end very well.
ReplyDeleteSaul I think Ontario farming is nothing but debt and overextension. :)
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