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SW KS, near Dodge City | Only way out in your scenario is bankruptcy… If a borrower owes enough money to the operating lender and is short, don’t think the operating lender will just roll over and eat large 6+ digit losses, or do you think they’ll go after a judgment to attach to other assets? Splitting it all up might get you a year or two deeper into the hole, but if it’s as bad as you think it will be, that will simply guarantee wiping out 100% of any equity instead of getting out with possibly something to fall back on. | |
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Future of grain prices
