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The clipping this text was read from
The clipping this text was read from

est closet in the house. Today there are few farmers who don’t borrow capital, however some types of loans are much harder to get than others. Many operators may need to adjust their planning to meet changing credit needs. Capital..no matter whether it is to be treated as investment capital or operating capital both are fixed resources. Whether owned outright, or whether borrowed, in big-time amounts or whether looked upon as peanuts the amount you have or can get is fixed. If maximizing profit is the farmers goal, maximizing returns to fixed resources is fundamental. Tom Meachman and George Jones, both work in research, find the good, the poor, uncover the doubtful aspects. Tom in beef cattle, George in Crops. Add their years experience and you come up with a lot of know-how. As for Roi Godsey - Here is a farm-reared man with a formal education in agriculture and considerable experience working with farmers on county and state levels was grabbed up by the Bank of Virginia - immediately made a vice president and director oi its Agri-Business Department

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