NAVIGATING FINANCIAL CHALLENGES IN AGRICULTURE
Derek Skala, VP of Credit, Risk & Bussiness Development
Agriculture's financial condition has tightened over the last few years. Various factors contribute to this, including rising production costs, unpredictable weather, and softening farm income and markets. Another significant factor is interest rates. Whether it's expanding the farm operation, buying equipment, or managing the farm's operating note, current interest rates have kept financing
By collaborating with these partners, CFS can buydown interest rates, making them more appealing to our patrons, helping them acquire products earlier with lower interest expenses. One of our partners, AgQuest, offers comprehensive services ranging from real estate loans and equipment loans to full operating notes, crop insurance, and property insurance. We also have other financing partnerships with low-interest rates for crop inputs. Contact your agronomist today to see which financing option best suits you and your operation. Don’t forget to ask about fall fertilizer as well! Hope you have a safe and fruitful harvest season.
costs high for most producers. Interest rates on farm loans have
remained at multi-decade highs over the past few years. The good news is that there was a recent rate cut, and more cuts are predicted for 2025. To help alleviate this burden, CFS offers financing options with lower interest rates for your crop inputs. Our partnerships enable us to provide these financial products to you.
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