2022 started off with dire predictions for production Agriculture’s financial outlook. But, by mid spring the picture was changing, and by early summer a very profitable year was being predicted. Is that still the case? Are farm balance sheets going to swell? Or will interest rates and inflationary pressure on inputs create losses? Tim Koch, Chief Credit Officer for Farm Credit Services of America provides guidance on what he sees across his company’s $40 billion loan portfolio.
Sponsored by Nori nori.com and Pattern Ag https://www.pattern.ag/