The non-farm economy is humming along very well. A record stock market, near full employment, low inflation and low interest rates all contribute to a sense of optimism about 2018 and beyond. But the farm economy is a different story. This is the push-pull phase of the farm economy. Many producers are in great financial shape and want to push ahead with new expansion plans because they see great opportunities ahead. At the same time a smaller number of producers are struggling with high debt levels, low earnings, and declining equity. 2018 could be the most challenging year of the great farm economic correction.
Audience members will gain a better insight into the financial pressures faced by producers.
The accounting profession will gain insight into how they can assist their customers during this period of economic difficulty.
Moving from a strict service provider to a solutions provider will be encouraged.
Information about the state of the next Farm Bill will be provided.