An ag lender says this year a question a lot of bankers will be asking is how a farmer has used federal support dollars.
“Did you paydown and reduce debt? Did you go out and buy an asset? Making sure you have a return on that asset that you purchased so you can pay that debt down the road is fundamental to that financing.”
Marisa Bramer with Rabo Agri Finance says that answer should align with a farmer’s financial plan.