In December I noted that the bankers of North Central Texas surveyed by the Federal Reserve Bank of Dallas in its quarterly agricultural credit report were pleading for rain (!)
This quarter’s report presents a very different picture in the comments:
We have gone from one extreme to the other. Wet conditions are hindering the completion of the harvest as well as cattle feeding.
Perhaps they’re more sedate because rural land values didn’t drop nearly as much (scroll down)this time around. Though they’re still down.
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I remember a better time when this blog had contributors named Trey and Adam and Eric and Stephanie and Paul who posted items that didn’t make me want to stab myself in the eyes. Seriously guys? This is what you’re posting now?