In July 2016, the Department of Agricultural Economics and the Nebraska Department of Agriculture surveyed producers on their farm financial health.
Key results:
- Over 77% of producers surveyed are concerned that they may not be able to obtain needed operating capital next year
- Over 60% are concerned that interest rates will increase
- About 45% felt that their overall financial condition would decline in 2017, and 46% expect it to remain the same.
- Overall, the survey found that 54% of respondents were financially stressed