East Central South Dakota | I totally agree with you 69Cat. The market can take/destroy your equity faster than banks can react. Equity preservation plans are destroyed by the fast moving market. By the looks of this Friday's Green Sheet and the amount of farm sales (already), I think we will see some fast adjustments to debt to equity ratios. The question becomes can the market destroy the equity faster than the lenders can react with their preservation plans--------time spent for loan classification between standard (normal) and non-standard (impaired) might be a short growing season. |
CoBank economist presentation friday
