If you think you have to feed hay, think again. Use the cheapest source of available nutrients. Limit-feed high energy rations like corn. Three farm lenders were on hand at the beef symposium to offer advice and answer questions about the farm crisis. One common thread that ran through their presentations was record keeping.
Lenders realize producers are facing rough financial times and are sympathetic.
They urge farmers who are falling short to come in and talk to them. They want to know about the problem before it hits. We don't like surprises, so if you think you're going to be short, go in and talk to us now. I'm not concerned with borrowers being short, but if the borrower is not concerned, I get worried. We're there to help you make good loans and to see you prosper.