Farm Defensively

Lenders Urge Growers to Stockpile Cash

Record corn profits from 2010-2013 provided a war chest that should help growers weather a potential multi-year downturn, lenders believe. (Graphic courtesy of Iowa State University)
Minimizing losses may be the name of the game in 2015. Defensive farming could mean setting aside $400 to $600 per acre in working capital for corn acres over the next few years, up from the $200 norm, some lenders advise.

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