Weathering the Financial Storm in Farm Country 

March 18, 2026

Financial stress continues to be a major concern in agriculture, and experts say strong financial planning is more important than ever.

During the National Farmers Union 124th Annual Convention in New Orleans, Jessica Groskopf with the University of Nebraska–Lincoln shared practical strategies to help farmers and ranchers navigate today’s challenging economic environment.

In her presentation on “weathering the financial storm,” Groskopf discussed the pressures facing agriculture, including low commodity prices, high input costs, and continued uncertainty across rural America. She emphasized that while many factors are outside a producer’s control, focusing on sound financial management can help operations stay resilient.

Groskopf highlighted several key strategies, including maintaining accurate balance sheets, developing realistic cash flow plans, and ensuring all assets, liabilities, and expenses are properly accounted for. She also discussed tools some producers are using today, such as refinancing loans, restructuring debt, and utilizing available support programs.

She encouraged farmers and ranchers to explore resources like the USDA Farm Service Agency, local extension services, and agricultural organizations that can provide guidance during difficult financial periods.

Most importantly, Groskopf reminded producers that they are not alone and that support networks and financial tools are available to help them weather challenging times in agriculture.

Source: Ag Information Network/Western Ag Network