National Ag News

An ag economist is concerned the next generation of farmers and ranchers may not be in a good position to navigate a long-term depressed farm economy.

University of Missouri’s Scott Brown spoke with Brownfield following his testimony at a House Ag Committee hearing on the rural economy on Wednesday.  “In Missouri – those in the 35-44 age range group have seen debt-to-asset ratios double in the past three years,” he says.  “That’s in stark contrast to what was an overall 1.8 percent debt-to-asset ratio for all Missouri farmers.”

But, he says, that financial stress isn’t felt by everyone. 

Continue reading Navigating long-term declines in the ag economy at Brownfield Ag News.