Thursday
Feb162012
Mediating Farm Debts
Good Year for Agriculture Decreases Number of Mediated Farm Debts
Drovers Cattle Network
February 15, 2012
In the University of Minnesota Extension Farmer-Lender Mediation Program’s annual report shows that the number of troubled farmers requesting mediation has dropped by nearly 25 percent in the last year. Extension senior associate dean says, “In recent years, farmer-lender mediation has given farm operations the chance to stay in business until better times. These are better times for agriculture, but there are still situations where farmers and their lenders rely on this program to help them work together to renegotiate, restructure or resolve their debts.”
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