On Penhook tobacco farm, 1 more time to plant, harvest
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December 14, 2018
PENHOOK, Va. (AP) — When the certified letter from Farm Credit of the Virginias arrived, Johnny Angell wasn't surprised.
The struggling tobacco farmer, battling a changed industry and failing health, knew he'd fallen behind on payments. The letter, dated Feb. 12, just spelled out the specifics.
It said Angell was 73 days late and owed more than $880,000. If he and his wife Sharon didn't pay up by March 15, Farm Credit would begin foreclosure proceedings on the couple's 364 acres of land in Penhook.
Despite Johnny's affection for the land, he had "no sour grapes" about Farm Credit coming to col...
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