Episode Description:
Minnesota’s Farm Advocate program has been in place since 1984, but many people may not be aware of this important resource. David Hesse, who farms at Comfrey, says Farm Advocates can assist with balance sheets, cash flow projections and participate in the negotiations with the lender. “Everything is up in the air right now, ” Hesse told RRFN. “We’ve got prices like we’ve not been able to put into a cash flow before and we’ve got expenses like we’ve never had before.” In addition to high crop input costs, Hesse is concerned about the drought and its impact on the bottomlie for producers. In the TransFARMation podcast, Hesse said it is important to get out ahead of a potential problem. “The sooner you contact us and get us involved, the better it will be.”