Low prices for grains and livestock, along with softening land prices are putting pressure on Ag producers across the region. That is also causing headaches for the banks that finance those operations. Rob Stephenson, President of First Dakota National Bank, says they are offering their customers some extra time and service this year…
Stephenson says they know farm operations are under more pressure this year…
Stephenson says the current low cycle doesn’t resemble the tough times of the mid 1980s…
Stephenson says the believe good management will get most of their customers through the current low income cycle.