Farmers are on Capitol Hill this week, warning lawmakers about the state of the ag economy. Profits are tight, and one specialty crop grower warns it can have a big impact when he goes to the bank this year.
“The land cost, all of our input costs, the way they’ve escalated over the past 4-5 years has been nothing like I’ve ever seen before, and it really hamstrings our availability of financing to get loans. when everything is costing 30-60% more. The available funds are no longer available,” said Ryan Talley.
Prop-12 was also a big topic at the hearing.
