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Ag lender says USDA bridge funds supply short-term assist, not long-term repair
An ag lender says USDA’s aid funds might present some short-term aid for producers however gained’t enhance the bigger profitability points.
Logan Bredemeier, assistant vice chairman at F and M Financial institution in Falls Metropolis, Nebraska, says the Farmer Bridge Help Program might present some stability. “For a few of our producers, it’s going to be a pleasant liquidity injection on their ’26 money circulation since we’ll construct it into that and on their steadiness sheet, but it surely doesn’t resolve the basis of their downside, I feel.”
He tells Brownfield the funds gained’t decrease rising enter prices, and the charges don’t precisely replicate the affect commerce tensions have had on commodity costs. “I might’ve anticipated beans to have crept up somewhat increased and corn pushed down somewhat bit by way of what the general markets offered for a whole 12 months and the entire tariff battle on the beans facet.”
USDA lately launched introduced the charges corn at greater than $44 per acre and soybeans at greater than $30 per acre.
Bredemeier says he expects most farmers to make use of the funds to assist pay for crop inputs whereas others may use it to pay down debt.
