Do you feel like your lender is being tough on you? Welcome to the new world of dairy finance. I have seen some of the most extreme lender responses over this year, some that even supersede decisions made in the 20-month downturn of 2002 to 2003. Perhaps, these same lenders haven’t forgotten the implications of the last downturn. Maybe this downturn hit some people more quickly than the last one. However, I have observed two distinct and sometimes extreme reactions from lenders during the past year.