Mediation Program Helps Struggling Farmers in Minnesota

Agropecuario2017 | Febero 15
Low commodity prices are causing financial pain on Minnesota farms, but bankruptcies are rare thanks in part to a state mediation program.

The farmer-lender program requires lenders to offer struggling farmers the chance to renegotiate debt terms with the help of a mediator before repossessing any property, Minnesota Public Radio (http://bit.ly/2lLs2ml ) reported.

 

The program has helped farmers like Jessica and Chad Hofschulte. Their southeast Minnesota farm had a poor crop in 2011, after a fertilizer company they paid didn’t deliver its services.

Origen:
Mediation Program Helps Struggling Farmers in Minnesota | Minnesota News | US News

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