Weathering the storms of agriculture
By Matt Reese and Dale Minyo
There are many tools available to help farmers weather the various storms they are facing in 2024.
“We’re following up on a couple of really favorable years from a profit perspective and we’re going into maybe some leaner times, at least in the grains sector. Nobody knows this better than our farmers and our customers. We want to pay attention to those cycles and help them think through things a little differently as we move into the next year. It’s important to note that every sector is a little bit different. Our grain guys are experiencing a little bit of hardship right now. The protein guys are still seeing profits on the farm. As we move from this harvest into next year, it is a good time to just stop, think and reposition to drill down into that profitability part,” said Scott LaGuire regional vice president of ag lending for northwest Ohio with Farm Credit Mid-America (FCMA).… Continue reading