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SoftTalker
1053 days ago
Crop loans that went bad due to storm damage? Seems possible in that part of the country. Though I'd presume those are insured?
3 comments
User23
1053 days ago
Crop insurance isn't an economically viable thing for any of the small farmers that I personally know anymore. It might still be feasible if you qualify for the beginner subsidies.
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landemva
1053 days ago
Rural does not mean crop loans, and that does not seem to be in the press release. Loans against property is different than a planting loan.
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dylan604
1053 days ago
It wouldn't surprise me if insurance weasels out of payouts either though which would leave the farmers no way of paying the note.
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