NDSU state agricultural financial specialist Bryon Parman said you see it in higher loan demand, as

NDSU state agricultural financial specialist Bryon Parman said you see it in higher loan demand, as well as loan restructuring. He said, for example, loans of over $1 million have drastically increased. “You can pretty much attribute that to the fact that most of the working capital is burned up,” Parman said. “So most of the operating expenses is coming from borrowed funds.” “Production costs went up when commodity prices went up real high,” Parman said. “Commodity prices have come back down, but production costs really haven’t so much. They have come down, but not nearly to the same magnitude as commodity prices have.” Parman said he doesn’t expect commodity prices to rebound in 2020. He said some farmers are doing well – but for those “on the bubble,” they have some options on the margins. “Pre-pricing inputs like propane and fertilizer may make thousands of dollars in differences,” Parman said. “Those make real differences in terms of dollars per acre — $10, $15, $20 per acre.” But Parman said the bottom line is – everyone needs to know the cost of production, before they can come up with op...

Expansion of Compost Turning Machine Market During 2017-2027 to Gain Robust Traction

Over 3,200 compost turning machines were sold globally, in 2018, which is likely to rise at a moderate pace in 2019 and ahead. The compost turning machine market is foreseen to gather momentum in the near future, primarily driven by the increasing severity of waste management and soil quality management concerns. A new research report of Future Market Insights (FMI) tracks global compost turning machine market performance over 2018-2028 and analyzes the demand patterns of compost turning machine on the basis of various attributes such as product type, output capacity, end-use industries, and region. Drum type compost turner machine is likely to maintain a dominating market value share through 2028, as indicated by the report. However, elevating face type compost turner machine that currently accounts for more than a third of the total market value, is projected to gain significant traction in the years to come. The report has attributed this growth to manufacturers’ focus on developing new technologies for compost turning machines as per the demand from different countries. Increasing frequency of environmental changes is compelling consumers to move towards food waste recycling...