An ag banker says most farmers are taking advantage of their stronger financial positions heading into the 2022 growing season.
Mary Elvekrog is a senior dairy lending specialist with Compeer Financial. She tells Brownfield 2021 had mostly favorable weather, good commodity prices, and the pandemic relief programs bolstering profit and loss statements. She says several of her clients used those dollars to purchase some inputs early, but not everything. “Not so much on the seed.