Farmers continue to face financial pressure as depressed commodity prices and elevated input costs squeeze profit margins across the countryside. As producers look for ways to preserve working capital while still investing in their crops, financing has become another management tool. Shelbi Nederhoff, Territory Manager with Nutrien Financial, says growers are looking for solutions that better align input costs with their farm’s cash flow.
Nederhoff says the goal is to give producers more flexibility as they manage expenses throughout the growing season. But she emphasizes that Nutrien Financial is not intended to replace a farmer’s relationship with a local lender. Instead, the company provides another source of capital specifically for crop inputs while allowing producers to better match payments with grain marketing opportunities.
Nederhoff says having additional financing options can help farmers lower borrowing costs while maintaining the flexibility to market grain when opportunities arise. As the farm economy remains under pressure, she says finding the right combination of agronomic advice and financial tools can help producers better manage another challenging production year.
