NNW Nebraska | Right now may be a good time for you to be looking for a new banker.
badjaccs - 5/5/2015 13:22
I just left my banker. Asked him that question (If he will force farmers to sell corn at way below breakevens). His answer was simple. Long term loans need payments made. production loans need paid off. He really does not care if you sell the corn at $2.50 or the land, or the milk cows. He wants his money paid back and next year he will decide if the risk is worth loaning some of these farmers money again. |
Whats S. C. been saying about these grain markets ?
