Less than one percent of Minnesotans work in the agricultural sector yet we all feel its economic impacts. As Minnesota’s farmers prepare for the 2017 planting season many of them are also facing financial struggles due to on-going low prices and other factors. University of Minnesota Extension has announced that it will begin offering one-to-one financial counseling to farmers in serious financial stress.
The Extension program is expected to run for two years and will augment other services currently available in Minnesota such as the Farmer-Lender Mediation program and the Minnesota Farm Advocates assistance program. Farmers who participate in the new program will have the opportunity to work with retired agricultural business professionals, who have updated training, and are available across the state. All of the professionals will also work closely with current Extension educators and Extension's Agricultural Business Management program.
To learn more about the program and set up a confidential appointment call the Farm Information Line at 1-800-232-9077.