Minding Ag's Business
Marcia Zarley Taylor DTN Executive Editor
Wed Oct 22, 2014 11:05 AM CDT

Given the abrupt drop in commodity prices this year, "the solvency of some farm customers could shift quickly," David Lynn, a senior vice president for Farm Credit Mid-America cautioned ag economists attending a conference in Louisville this month.

Indeed, University of Illinois economists now estimates 2014 gross revenues in northern Illinois will run about $300/acre below the 2011-2013 average of $1,100/acre. That's even counting robust yields, which won't totally compensate for the steep collapse in corn prices this season. Projections for 2015 look worse, although it's still early in the process.

Lynn urges his association's 97,000 farm customers to be ...

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