NEWS
Minding Ag's Business
Marcia Zarley Taylor DTN Executive Editor
Mon Feb 8, 2010 01:23 PM CST

Talking with Mary Nell Preisler, director of the Minnesota Farmer-Lender Mediation service in early January, made me feel I'd discovered an early warning system on ag credit. So far, farm lenders aren't fessing up to many problem loans in their livestock portfolios, but the launch of loan renewal season Jan. 1 could trigger a turning point.

Minnesota's farm mediation program—one of 34 certified programs nationwide—already has seen a major surge in ag cases. Its caseload jumped from 2,002 to 3,107 between 2008 and 2009 as livestock losses mounted and as some crop producers struggled with high input costs. Each case ...

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