Farmers’ working capital “critically low”
Story Date: 6/27/2019

 

Source: SOUTHERN FARM NETWORK, 6/26/19

The agriculture sector is suffering from working capital that’s fallen to critically low levels according to data from forecasting firm Agricultural Economic Insights. The group recently analyzed data put out by the Economic Research Service, saying the declines in working capital are stark. Brent Gloy, a Nebraska farmer and economist, writes, “Working capital is projected to fall by 25 percent from last year to this year. This is right on the heels of a 30 percent decline from 2017 through 2018.”

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