Saturday, 3 July 2010

It Pays To Work With Your Lender

It Pays To Work With Your Lender

Curtis Griffith
Lubbock, Texas    

By the time most farmers read this article, they hopefully will have finished harvesting their cotton crops and sent them to the gin. A long season, plagued by record-breaking rains in the Southeast and Mid-South, will have finally come to an end.

But, as everyone knows, there is  no time for a long vacation. Even if this year's crop weren't delayed by weather problems, there are always numerous decisions that have to be made. For example, there are seed variety decisions for 2010. And, most importantly, a producer must organize his financial information for that annual meeting with the ag lender.

As a Texas banker, farmer and ginner, I have a different insight into what a cotton producer faces when he's dealing with his lender. I see both sides of the equation, so to speak.


source : cottonfarming

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