Feedback: Ag Prices are Cyclical Too

Re: "Despite Strength, Ag Lenders Face Heightened Reg Scrutiny" In 2008, I told all of our farm borrowers that my dad sold corn for $3.12 in August, 1975. By August, 1977, the price of corn below $1.60. Of course prices are going in the tank. That is not the time to sell. You have to sell well before or after those price drops.

Matthew Hickey
Vice President
First Bank of Manhattan
Manhattan, Ill.

For reprint and licensing requests for this article, click here.
Community banking
MORE FROM AMERICAN BANKER