OMAHA (DTN) -- It was standing room only at the American Bankers Association National Agricultural Bankers conference here on Sunday to hear professor emeritus and ag banking consultant David Kohl. More than 750 attendees (the most in the past 15 years) from 27 states are registered for the three-day conference.
Bankers are worried about the drop in farm profits and the repayment capacity of their borrowers. Kohl observed what makes this downturn different:
1. The numbers are bigger. "A 10,000- to 12,000-acre operation can go upside down $3 million to $4 million quickly," Kohl noted.
2. Volatility is greater. Price ...