Brownfield Ag News
Compeer Financial What’s Happening with Leasing
Compeer Financial senior leasing specialist Anjie Erbsen says different facets of the leasing program can help farmers navigate through the ups and downs of commodity prices. She tells Brownfield sometimes producers who are just trying to break even still need to update equipment, and a lease fits well because it allows them to do that without a large cash outlay. When commodity prices are in a higher range, like now, Erbsen says farmers start to base decisions on cash flow management. But she points out tax management is also key, and says leases many times provide an additional tool at tax time.
This episode was released July 12, 2021.
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