Farm data a valuable tool for managing finances


A farm financial official says the value of ag data goes beyond the production information it provides.

Glenn Wachtler with Compeer Financial tells Brownfield lenders can use data to help farmers make equipment purchases, investment decisions, and more.

“Things like what to do with excess funds from profits.  Should you pay down debt versus build working capital?  Or if there are losses to take care of, will they be paid from working capital or can they get financed by your lender? 

Continue reading Farm data a valuable tool for managing finances at Brownfield Ag News.