National Ag News
Not much cushion left
Aug 30, 2017, 12:29 PM
by
System
The CEO of a farm credit organization shares the concerns of many in agriculture saying farmers are losing what’s left of their financial cushion.
Rod Hebrink with Compeer Financial–which serves Minnesota, Wisconsin, and Illinois– says that’s especially true in the grain sector.
“It’s grain where we have many of our producers (seeing) cost-of-production above the current market levels. So we’re in year three or four (of the downturn), depending on where you are, with little profits or maybe break-evens.”
He tells Brownfield crop farmers are stuck in a very challenging and uncertain economic environment.
Continue reading Not much cushion left at Brownfield Ag News.
