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.
Related Stories
In this Firm to Farm blog post, RFD-TV agri-legal expert Roger McEowen tackles a handful of topics related to property rights.
What is “gross income from farming” for purposes of Chapter 12 (farm) bankruptcy – that is the topic of today’s Firm to Farm blog post by Roger McEowen.
In today’s Firm to Farm blog post, Roger McOwen breaks down the Court’s regulations on unconstitutional federal power and the ruling’s impact on BOI reporting.
Watch Megan Shanley Warren, of Shanley Farms in Morro Bay, California, carry on her late father’s legacy, cultivating avocados and the tastiest fruit you haven’t yet discovered: finger limes.
What can these facilities do to protect themselves? I wrote about this issue last spring, and since that time, the U.S. Court of Appeals for the Eighth Circuit has issued a significant opinion. That makes an update in order.
