An agricultural banker says most farmers will enter the growing season in good financial shape.
Commodity prices are not ideal, and margins are tight, but ag banker Daniel Duthie with Bremer Bank tells Brownfield most farmers are in good financial shape. “We’ve had a couple, three good years ahead of this. I think most guys are sitting in pretty good shape coming into this year. As long as we don’t see a two or three-year downturn, then things would get a little tighter, but going into this year, I think most guys are set up to weather the storm.”
Duthie says many farmers are looking at operating loans right now.
