Central NE | GrainTrader - 6/30/2018 14:22
Payment is returned to FSA office when you deliver the grain.
So lets say you are delivering to a local elevator. Fsa calls the elevator and tells elevator to send so much of the contract proceeds to the fsa to cover loan and interest and what is left over, gets sent to the seller? So seller doesn't pay back loan to fsa. What happens if farmer doesn't sell before loan is due? Can farmer pay off loan? |
Tell me about CCC loans on grains?
