je.st
news
Keep a level head when assessing farm financials
2016-07-11 21:37:00| Corn & Soybean Digest
In the emotionally charged era of the economic downturn, interesting exchanges occur between lender and borrower. At a recent agricultural bankers’ conference, one lender asked, “What do you say to a farmer that tells you, ‘It’s my net worth and if I want to lose $200,000 in equity it is mine, not yours.’” Well, in some cases, producers with high net worth may feel able to take the economic hit. However, there may be more to a comment like this that necessitates further examination. read more
Tags: level
head
farm
financials
Category:Agriculture and Forestry