D
durhamplumber
Farm income and credit conditions in the Tenth District weakened, and crop prices remained relatively steady following sharp declines in June and early July. The price of corn and soybeans increased modestly in late July, but declined in August to a level similar to the previous reporting period. With agricultural commodity prices generally lower than a year ago, District contacts reported a decrease in farm income in addition to stronger demand for farm loans. Loan repayment problems also worsened slightly throughout the District and were most significant in Nebraska, Colorado, Wyoming and New Mexico. District contacts reported that uncertainty surrounding trade was a primary concern, and the prolonged weaknesses in the agricultural economy were increasingly impacting farm borrower finances. Although interest rates on farm loans continued to increase alongside weakening agricultural credit conditions, farmland values declined only modestly.F in Hell do you even follow the financial news and know whats happening in the markets and the breakdown of negotiations.
Have a read of the fed beige book.
I give up. Go live in your Unicorn land.
Extract from the Fed beige book,yes Sir Gal,,,I read that pap in bed every night,,Ferkin riveting.