Kansas State to help farmers weather ag economy downturn
Associated Press - December 4, 2016 5:13 am
Kansas State officials say the university will reduce its budget by $6 million.
Kansas State University will provide financial and management advice for farmers and ranchers in the struggling agricultural economy.
It’s was a tough year for farm income and the commodity outlook for 2017 is pessimistic as well. Operating loans for this past season are coming due soon, and experts say many growers can’t make the payments.
A series of workshops that aim to help farmers navigate the downtown are planned across the state, starting next week and continuing into February.
The university has also expanded its farm analyst program to provide one-on-one assistance.
Its agricultural economics department says the goal is to help producers avoid bankruptcy and make adjustments in their operations while they still can.