The 2023 crop is in the ground and growing steady, just like ag’s financial risks this year, according to Alan Rosendahl, farmer and senior vice president at Iowa State Bank in Kesley, Iowa.
“Over the last three years, wider margins, government payments, fantastic yields and marketing opportunities we could never dream up have created a lot of working capital in farm country. But the inflation has given a false sense of security on the balance sheet, and farmers need to be careful about the moves they make right now,” Rosendahl says.
With this caution in mind, here are 5 items Rosendahl says farmers should consider in 2023.
By JENNA HOFFMAN
June 13, 2023
agweb.com
