NEWS
DTN Ag Business Benchmark
Marcia Zarley Taylor DTN Executive Editor
Fri May 15, 2015 04:53 PM CDT

HADDONFIELD, N.J. (DTN) -- If Minnesota crop farms are any indication, low commodity prices and low yields since 2012 already have taken a severe toll on farm finances. And that's before 2015's gloomy price forecasts compound the damage.

Another year of low or negative earnings -- requiring producers to dip into working capital to cover fixed-debt payments -- "will almost certainly expose some major financial problems," cautioned economist Dale Nordquist, associate director of the University of Minnesota's Center for Farm Financial Management, in a recent report.

Nordquist analyzed 2,183 Minnesota farm business records, finding a huge disparity between 2014 returns ...

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