Compeer Financial has introduced a program to help
conventional farmers transition to organic.
Senior lending specialist Paul Dietmann says the Organic Bridge Loan is in response to increasing interest in organic grain production.
“And usually when they make that switch, there’s a two to three-year period during the transition where cash-flow is negative. And this Organic Bridge Loan program is designed to help get across that transition period by deferring principle payments until after organic certification is achieved.”
He tells Brownfield organic premiums have been two to three times that of conventional corn and soybean prices.
Continue reading Compeer Financial introduces Organic Bridge Loan program at Brownfield Ag News.
