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
Shaun Haney joined us to discuss rising concerns over farmland ownership in Canada, actions being considered by provinces and farm groups, and the potential impacts of tighter regulations.
Discussions focused on rising costs and the future of farm policy.
U.S. Soybean Export Council CEO Jim Sutter joins us to discuss the impact of new trade development funding for U.S. soy.
Florida’s import rule shows New World screwworm concerns are already affecting livestock movement and market conditions.
Rep. Adrian Smith joins us to discuss the push for nationwide year-round E15 sales and legislative hurdles for getting it into the farm bill.
Diversified risk tools help protect farm income.
