NEWS
Marcia Zarley Taylor DTN Executive Editor
Wed Dec 12, 2012 06:22 AM CST


Preventing Big Farm Failures

MILWAUKEE (DTN) -- Ag lenders are raising the caution flags on juggernaut farms -- cash grain operators who rent most of their land and whose rapid growth spurts have pushed them beyond 10,000 acres in many cases.

Farm lenders attending the national ag bankers conference last month jammed sessions where experts put such "go-go" operations under the financial microscope. Some instructors blamed lax credit analysis for Midwest farm bankruptcies in the last year, where liabilities jumped to $50 million or more, leaving banks as unsecured creditors.

"Crop producers have been flying high for the last five ...

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