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SoftTalker
2y ago
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Crop loans that went bad due to storm damage? Seems possible in that part of the country. Though I'd presume those are insured?
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User23
2y 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.
landemva
2y 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.
dylan604
2y 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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