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GreenStone says farm financial conditions are mixed

A Midwest farm credit cooperative says the financial condition of farmers this year is very commodity specific.

GreenStone Farm Credit Services CEO Travis Jones points to the cyclical turn in dairy.

“Our dairy customers are sitting in a very sound situation, but there’s certainly been challenging years in the past for dairy,” he says. “These last few years have been pretty strong.”

He tells Brownfield while grain farmers are likely to be the most challenged financially, there is a silver lining.

“Land prices continue to be very strong, and so people have been able to lean into their collateral a little bit when they’ve been challenged from a cash standpoint,” he explains.

Jones says GreenStone is sharing $120 million back to customers on March 20^th for its Patronage Day and surpassing $1 billion of shared profits over the past two decades.

“We’re actually giving back about 40 percent of the net income that we earned in 2024,” he says.

He says he expects weak grain markets, inputs costs, interest rates, and trade uncertainty to have the greatest impact on farm incomes in the coming months.