Shock Therapy for Finances

Lenders Urge a Reset on 2016 Costs

On an inflation-adjusted basis, farm incomes could be sliding into a multi-year low not seen since the late 1980s, USDA says. That forecast has lenders urging grain producers to tighten their production costs. (Chart courtesy of AgriBank)
On an inflation-adjusted basis, farm incomes could be sliding into a multi-year low not seen since the late 1980s, USDA says. That forecast has lenders urging grain producers to tighten their production costs. (Chart courtesy of AgriBank)
Update action plans by mid-year to avoid credit challenges ahead, farm lenders say.

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