One common theme among all farmers and ranchers? Access to credit. Whether you are a beginning farmer looking to purchase your first plot of land to an established farmer interested in exploring new export markets, access to credit is a recurring theme.
The USDA recently hosted a Google+ hangout to discuss access to credit, which may be especially interesting for beginning farmers. The Google+ Hangout featured USDA Deputy Secretary Krysta Harden, along with FSA Farm Loan Chief Chris Beyerhelm and Farm Credit Council Vice President for Young, Beginning, Small Farmer Programs and Outreach Gary Matteson. The topic of conversation? What is a lender looking for when a farmer walks in the door requesting credit.
The video in the link has information not only from the USDA and Farm Credit, but also everyday farmers and ranchers sharing their experiences. If you have a few moments, the video is well worth your time to gain insight from lenders and gain ideas from other farmers and ranchers. Check it out!