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Farmers Financial Status Farmers National Company spokesperson Randy Dick discusses the land market in relation to farmers. The biggest concern at this time in the agricultural land market is the financial health of producers on a wax poetic about that. Agriculture on the whole is still in good financial shape. The debt to asset ratio is in stop, but it s still way under what it was even 15 years ago. 80S comparison, which there s not a direct correlation between the 80s and today by any means, because the differences. Overall, it s good. Got farmers that are older, they bought, paid for it and so forth. But yet on the flip side, you see on the aggregate that the working capital has dropped 75 percent from the peak in 2012 or 13. And that s very significant. Well, there s still capital in the market. Most farmers are still OK. But margins are getting tighter. The question becomes a smaller number of individuals that are not financially capable, and that s where ....
Feb 4, 2021 In lieu of its traditional large-scale in-person Annual Meeting, the Parkersburg Area Community Foundation & Regional Affiliates recently held its Annual Meeting virtually Jan. 15 which featured a “State of the State” address from its Executive Director, Judy Sjostedt Ritchie. Sjostedt Ritchie noted that 2021 marked the 22nd Annual Meeting that she has had the privilege of conducting. The PACF’s grantmaking capacity has grown significantly over its history. In 1964, one year after the PACF’s founding, the Foundation awarded $2,000 in community grants. By contrast, at the end of its 2020 fiscal year, the PACF awarded $2.9 million in grants and scholarships. “As a public charity, anything and everything that the PACF can do is directly to the credit of the generous local citizens who support it,” said Sjostedt Ritchie. ....