Joe Peiffer recently chatted with Chris Clayton of Progressive Farmer/DTN regarding the current farm situation. Article: https://www.dtnpf.com/agriculture/web/Ag/news/business-inputs/article/2019/03/19/debt-figures-raise-questions-whether Excerpts: “Right now, we’re having many people find out shortly before they have to pay rent that they aren’t going to have financing,” said Peiffer, who works with farmers in Iowa and Illinois. Some of these farmers needed millions […]
Financial
Joe Peiffer on the Big Show – Cash Flows
Joe Peiffer had the opportunity this week to talk with Doug Cooper on The Big Show regarding cash flows. Listen below! DC: There was some concern going into this year’s planting season that some farmers may have some cash flow issues with their bankers. Joe Peiffer is a bankruptcy lawyer with Ag & Business Legal […]
Joe Peiffer on the Big Show
Joe Peiffer recently chatted with Doug Cooper, one of the hosts of the Big Show on WMT and other midwest radio stations, about the changes in Chapter 12 bankruptcy laws and the current farm economy. Here are the first two segments of that interview (We will update this post when more segments have aired). If […]
Tough Financial Times in Agriculture and Lending Clauses – Peril for the Unwary
Overview The farm economy continues to struggle. Of course, certain parts of the country are experiencing more financial trauma than are other parts of the country, but recent years have been particularly difficult in the Corn Belt and Great Plains. Aggregate U.S. net farm income has dropped by approximately 50 percent from its peak in […]