REFINANCE:REBUILD YOUR BALANCE SHEET TO REMAIN CREDIT-WORTHY IN A TIGHT-MARGIN ENVIRONMENT

摘要

Managing razor-thin margins and maintaining positive cash flow are two critical tactical maneuvers confronting producers as the 2015 growing season draws to a close.Heady grain prices between 2006 and 2013 catapulted many U.S. farmers into strong financial positions.Now, with a forecasted 36% net income drop from 2014 to $58.3 billion in 2015, they'te confronting what would be the lowest net income since 2010 (and $29.1 billion below the 10-year average). Crop receipts are expected to fall by $12.9 billion from 2014.