The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
Paul is now part of the fourth generation in America that is involved in farming and hopes the next generation will be involved also. Through his blog he provides analysis and insight to farmer tax questions.
The Federal Reserve Bank of Kansas City released their second quarter Agricultural Finance Databook and as expected, the need for operating loans for farmers over a continued period of time is weighing on farmers. Here is my analysis regarding the charts and information provided in the databook.
As with every cycle, this will turn around, we just don't know when. I will keep you posted.