MEMORANDUM
KEITH M. LUNDIN, Bankruptcy Judge.
The trustee's complaint seeks to recover Payment-in-Kind ("PIK") certificates of entitlement owing to the debtors. The issues are: (1) whether PIK payments constitute crop "proceeds;" and (2) whether the debtors' assignment of PIK wheat payments to one of the defendants constitutes a preferential transfer. After consideration of the briefs, arguments and stipulations, the court holds that PIK entitlements are...
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