How does your agricultural business compare to similar operations in financial performance metrics? That's the question answered by benchmarking. Megan Shroyer is the president of Montana AgWest Farm Credit Services and she offers guidance on how to properly use benchmarking as one element of understanding and managing ranch financial health. Financial stress is usually what causes a ranch to call it quits. Even though society values the intangible ecosystem services provided by large landscapes, there are still few mechanisms to monetize these services. Megan describes the range of services offered by AgWest Farm Credit to help agricultural business thrive, including low-interest grants for beginning farmers and ranchers.
Find the transcript and show notes at https://artofrange.com/episodes/aor-113-agricultural-financial-benchmarking-megan-shroyer-agwest-farm-credit.