The CEO of a Midwest Farm Credit organization says the ag economy has softened slowly enough that many producers have had time to make adjustments.
Rod Hebrink of AgStar Financial Services in Minnesota tells Brownfield agriculture remains volatile, and it’s no surprise commodity prices have fallen since corn hit $7 dollars per bushel in 2013.
“We knew there would be a downturn coming, and part of that was ‘how do you prepare for it?’ We’ve been advising clients to build their liquidity, and save to build some cash reserves in their organization for those downturns.
Continue reading Soft landing for those who planned ahead at Brownfield Ag News.
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