Legislation that would lower the cost of credit for producers is struggling to gain momentum in Congress.
Richard Baier is the president and CEO of the Nebraska Bankers Association. “It’s going to be a bit of an uphill climb because obviously the sheer numbers of people who sit on the coast, this isn’t going to be high on their priority lists,” Baier says. “But when we talk about finance and taxation, we do think there are some opportunities out there.”
He tells Brownfield the bill would create equity in ag real estate and lower costs for farmers to acquire credit.
