By Robert Dinterman, Ohio State University
(As published in Farmer Mac’s Summer 2020 issue of The Feed)
A continued lower price environment, uncooperative weather events over the past year, trade uncertainty and COVID-19 have all contributed to depressed net cash farm income levels and placed upward pressure on farm bankruptcies. Some of the lower net cash farm income has been offset by government payments; however, there is still significant financial stress in the agricultural sector.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
