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Farm loans
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jd7520
Posted 8/21/2024 13:01 (#10860409 - in reply to #10859363)
Subject: RE: Farm loans


West Central IA
If that is the case, why are dealers just dumping their used inventory at a loss and when making a trade the trade in must be sold before it hits the lot or no deal? There is much more to this downturn than most on here realize. Blame it on the banker or the landlord or the supplier all you want, but it will be the borrower who is on the hook. When the asset values decline from the levels they have been at, it is a long way to support and we are nowhere near the point where we have support for our assets. Grains may be close to a short term bottom, but nothing else is.
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