As profit margins tighten, debt management is critical

(Harvesting corn - KIWA Staff photo)

IARN – As tighter margins pressure farm finances, lenders are seeing producers rely more heavily on borrowed capital to cover operating expenses. At the same time, higher interest rates are increasing the cost of carrying that debt. Chad Gent, senior vice president of retail credit with Farm Credit Services of America, said that is making cash flow management increasingly important.

Read more at Iowa Agribusiness Radio Network.

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The KIWA Shopper’s Page is back!! Peruse the list below, call KIWA at 712-324-2597 from 8:00 am to 4:30 pm Monday