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Farm economics and a rising farmer exodus in Kansas
The piece reports on farmers in East Central Kansas facing financial strain due to two years of drought and rising costs. Bankers from the Federal Land Bank Ottawa Production Credit Association and Kansas State Bank explain refinancing needs, rising debt, and a growing exit from farming. They anticipate a shift to fewer small family farms, more part time farmers, and larger scale operations, with corporations seen as potential threats if many farmers fail.
MENTIONED IN THIS ARTICLE
The
Herald
Ottawa
Neil Satterlee
Federal Land Bank
Charley Reynolds
Ottawa Production Credit Association
Lloyd Davidson
Kansas State Bank
Ottawa Association
Franklin
Anderson, Linn
Miami
Land Bank
Ottawa Production Credit
Ottawa Federal Land Bank Association
Satterlee
Reynolds
Kansas
Ottawa Herald
Kansas City
Rocky Mountains
Seaboard