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| If it was in a glass bottle they could add another $3.
Some will do what they need to do to go another round. Many more will go on with their program as usual, somewhere in the middle is the category like what I am guessing you are in. Where cutting some fert inputs is nothing more than a business decision. I do not mean that in a bad way. The war chest matters obviously. Banker hat says make the business decision. The irony is I'll end up going with the normal program.
Edit add: And on a very serious note, the smallest group is on their last round, currently struggling to sleep, and I wouldn't wish it on anyone. The bankers I've talked to... there were a lot of conditions placed on current year's notes. Many will go around again, but not all. Farm bankruptcies will continue to rise. 25 already has more than all of 24. These things take a bit to shake out fully, they are a lagging indicator.
Edited by reformedbanker 7/23/2025 21:47
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Can we sell our way out of this mess?
