I don’t believe they are lending against the farm. (My understanding and I could be wrong) is that they will lend against the product. If you are selling 1000 head of cattle for x and won’t receive payment until cattle have reached the end destination in 3 months time. Transport, feedlot, saleyard, more transport final destination. They will lend on this contract.
It's just the beginning for Spenda!, page-1536
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