Farmers across the Midwest are feeling the squeeze as more banks are saying “no” to operating loans. With crop prices down and costs up, it’s getting harder for farmers to break even, let alone pay back what they owe. Lenders are tightening up, and some are turning away nearly half of loan applicants. If you’re in ag or know someone who is, this is a good time to check in on your finances and maybe rethink next season’s plans. #Business #Industry #FarmLife
