Episode 265: Dive Deep on Financing the Farm

Farming in America today is an expensive endeavor.Even as commodity prices continue to slump ahead of a record big crop, farmers are already having to make decisions about purchases for next year’s crop. There are many hard conversations with lenders, agronomists, and family members ahead, with questions about how to finance land deals, equipment purchases, and seed and crop protection needs weighing heavily. As farmers sharpen their pencils, DTN Progressive Farmer reporters and columnists are doing the same with a full slate of stories on financing the farm. DTN Progressive Farmer’s Associate Content Manager Elaine Shein joins us this week to give us a peek behind the curtain of this reporting, shedding light on the farmers she visited, the lenders who offered their perspective, and what experts say might be ahead for the farm economy. She’ll offer insight on how farmers are tackling questions of generational transition, business planning, and off-farm jobs in light of current challenges, and share how lenders are advising their clients on everything from input and equipment purchases during down cycles to how young farmers today can get the experience — and reputation — they need to succeed in a rapidly changing farm landscape.This episode is brought to you by Ambrook. Visit Ambrook.com/DTN to try one month free.