As farm loan renewal season wraps up, Bell Bank Director of Agribusiness Development Lynn Paulson says there a growing gap between farmers that are doing okay and those who are struggling. “The ones that are doing okay seem to be doing a lot of little things five percent better that, in aggregate, count up. They know their cost-of-production and break-evens; they have a marketing strategy; are razor-focused on expenses and monitor their cash flow.” Paulson spent time in Washington, D.C. this past week for the American Bankers Association Legislative Summit. Trade policy and disaster assistance were frequent topics on Capitol Hill.
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