Declining values for farm equipment and land, which farmers use as collateral to borrow against to get through the harvest season, aregoing to force many lenders to tighten or deny credit this spring.
Declining values for farm equipment and land, the collateral against which farmers borrow to get through the harvest
Isn't "for farm equipment and land" a prepositional phrase? If it is then doesn't both which and the collateral modify the whole first
---I think here which modifies the clause in blue. -- The collateral doesn't modify anything here. In this sentence only which modifies but I can't tell you what it modifes because I think that there is something wrong in the sentence or I can't understand it.
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Declining values for farm equipment and land, which farmers use as collateral to borrow against to get through the harvest season, are going to force many lenders to tighten or deny credit this spring.---I think here which modifies the clause in blue.
Declining values for farm equipment and land,