Managing for Profit

Belt tightening at the grain elevator

Low commodity prices and declines in drying revenues are providing more challenges for grain elevators to navigate during the current farm economy.  An ag economist says some ag co-ops are entering the 2016 season under financial duress.  Tanner Ehmke tells Brownfield they have noticed a slip in credit quality with their CoBank customers.

“This all has to do with a number of headwinds that are facing the industry today and that’s declining revenue off of the basis market that has been very stagnate.  He says, “There just hasn’t been a lot of movement or profitability to be made in a very stagnate market.”

AUDIO: Tanner Ehmke