At this year?s World Pork Expo, high input costs were among the top discussion headlines. Input costs are still as high as ever, and that makes it difficult for producers to really get the most out of their operations. Fortunately, ag lenders are working with swine producers and all farmers to help them capitalize on the current industry landscape. Chris Ford, VP Agribusiness Lender at Farm Credit Services of America, said it?s important to simply have those conversations with your lender and get on the same page.
Ford said that, even in times of adversity, there are always opportunities to take advantage of.
Instead of focusing on cutting inputs, Ford said it?s generally a better idea to improve efficiency.
Many swine producers also grow crops, and Ford said input costs can be an issue there as well. That?s why it?s so important to talk with your lender and make sure they have a good understanding of what your farm needs.
Ford added that FCS America has specialized swine teams that producers can reach out to.
For more information, visit fcsamerica.com
