RaboBank AgriFinance analyst Sterling Liddell says investing the right amount of capital for equipment will help farmers stay in business while margins remain tight.
“It’s very important that farmers maintain cutting-edge types of technology and equipment to keep moving forward in terms of yield and efficiencies.”
He tells Brownfield many farmers are coming off a period when they’ve amortized or leased equipment on a short-term basis, but haven’t renewed those leases or loans because of financial challenges.
Continue reading Strategic use of capital for equipment keeps farmers afloat at Brownfield Ag News.
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