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 could significantly 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,” said Ryan Talley. “It really hamstrings our availability of financing to get loans when everything is costing 30-60% more. The available funds are no longer available.”
Prop-12 was also a big topic at the hearing.
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“A government shutdown impacts all Americans and has serious consequences, including for farmers. It just adds additional uncertainty, disrupts critical services.”
Agricultural exports continue to be a key contributor to rural employment. However, rural businesses still struggle to fill numerous job openings.
