Many producers have struggled to completely pay the last two years’ financial obligation and had to extend them forward in their financial plan. They are not only working to satisfy this year’s cash flow but have to also account for previous year’s shortfall or at least some amortized version of those shortfalls.
Will yields and prices be enough to put producers back into the positive side of their cash flow? Discussions and review of producer’s operations prior to harvest indicated that it was going to be close. Continue reading at Southeast Farm Press.