Control What You Can Control

There has been anxiety about an uncertain policy environment in Washington and the new trade tariffs. Matt Erickson, who is an economist for AgCountry Farm Credit Services, Farm Credit Services of America and Frontier Farm Credit, offered his recommendation. “Control what you can control,” said Erickson.  “You can’t control things with an uncertain outcome, such as what’s going on with tariffs, so focus on knowing your breakevens, understanding your cash flow, knowing your cost structure and if there’s an opportunity in the marketplace, make sure that you capture that to help your bottom line.” Resilience is seen as a must in the current environment. Click here to listen to the full interview.