Farmers are heading into the 2019 renewal season and the financial condition of those operations varies greatly throughout the region. Wes Chambers, Senior Vice President for Farm Credit Services says in South Dakota farmers busheled up and really tightened their belt in 2018. So, he’s not worried about the financial health of the ag community in 2019.

Mike Peck Vice President with Rabo Bank is echoing the same sentiment about the renewal season in Nebraska.

And in Iowa Connie Blake, President of Security National Bank in Akron says renewals got pushed back with the late harvest. However, so far they’re seeing an expected slip in working capital that has been offset by the big yields. So, she sees a fairly stable picture for 2019.

Blake says the Market Facilitation Program payments really helped farmers with cash flow to get them through to 2019.