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Finances and young farmers

Young Farmer Podcast: Two farm credit experts talk about farm financials and what young farmers can do to be in better financial shape.


In this week’s episode of the Young Farmer Podcast, we hear from Raechel Sattazahn, knowledge center director for AgChoice Farm Credit, and Matthew Hackenberg, a loan officer from AgChoice.

Financial planning is more important than ever, and according to Hackenberg, one of the biggest ways for a young farmer to get off to a good start is by saving up as much money as possible and having a clear business plan in writing.

Also, AgChoice has launched a new grant for young farmers in its territory: $10,000 grants for full- or part-time farmers who have started farming in the past two years or plan to start a farm business in the next two years.

Recipients must submit a business plan and complete the Ag Biz Basics educational program by Aug. 31. Applicants need not be an AgChoice customer.

To learn more, visit AgChoice Farm Credit.

In the meantime, enjoy listening to the Young Farmer Podcast.


TAGS: young farmer
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