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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Acquiring farm or ranch land, as well as the key concepts and issues are the topics of today’s blog post by RFD-TV Agri-legal Expert Roger McEowen.
