A Midwestern Farm Credit official says 2020 is turning out better for farmers than anyone could have predicted earlier in the year.
“Between the government payments, the rally in grain prices, and the export demand for proteins, we saw that a lot of producers were actually able to turn the corner and get through 2020 in fairly good shape,” says Bob Campbell, senior vice president with Omaha-based Farm Credit Services of America.
Campbell says grain producers benefitted the most.
