Ag lender says farmers are in a good position, for now

The head of GreenStone Farm Credit Services says their members are in a good financial position this year as commodity prices have remained high, but uncertainty and a possible recession could change that.

“We’re projecting pretty good margins across most all of the commodities we finance at least through this year.”

Dave Armstrong tells Brownfield it’s 2023 that could be a cause for concern if high prices persist.

“What will input prices be next year, what will the availability be?” he questions.

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