Posted 6/30/2018 17:02 (#6842958 - in reply to #6842739) Subject: RE: Tell me about CCC loans on grains?
s.w. IA
Part of the mess in the 80s was that the price never got above loan rate. Farmers just turned the bushels over to the CCC. Government ended up with a big pile of corn on their hands. That's where PIK came into being. Just hope we don't get there again.