Some crop farmers might be looking to acquire more land as net farm incomes soar to heights not seen in almost a decade.
But Kent Thiesse, an ag lender with MinnStar Bank in southern Minnesota, waves a caution flag at that notion.
“To me, the first priority should be to make sure if your working capital got depleted over the last three or four years before 2020, is to make sure you get your working capital back to a good manageable level.