$12 billion in farmer bridge payments looks to push AG industry in right direction

LUBBOCK, Texas (KCBD) – Kody Bessent, CEO of Plains Cotton Growers, says the AG industry has been hit with multiple setbacks in recent years, with inflation and interest rates adding on top of weather-related incidents.

“They are in a weird financial position, some very strained compared to others,” Bessent said.

Bessent also knows the industry comes with its own risks…

Story continues

TRENDING NOW

LATEST LOCAL NEWS