Ag borrowers who will struggle, part 1 by David Kohl

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Check out this article in Corn & Soybean Digest by Dr. David Kohl

I recently addressed the American Bankers Association National Agriculture Bankers Conference in Omaha, Nebraska for the 37th consecutive year. I tell people I started giving speeches at this convention when I was 10 years of age, but no one believes me! This Super Bowl of education and learning over four days leaves attendees chock-full of information and ideas. In many sessions, discussion ensued concerning the borrowers who were going to struggle in the coming years as agriculture economics transitions. Three specific groups to watch are those businesses that utilized too much of their profits and working capital to purchase land, those who acquired machinery to reduce income taxes and those with high debt levels. Continue reading at Corn & Soybean Digest.