Today, success in farming requires good management not only good soil, crop, and livestock management but also good financial management. Farming is becoming more and more commercialized because of the increasing size of farm businesses which has resulted from greater mechanization and specialization in agricultural production. Consequently, more capital than ever before is required to operate a successful farm business and it is becoming ever more necessary to use some borrowed capital (credit) in operating the farm business. Therefore, it is as necessary for farmers to have a knowledge of the uses and sources of credit as it is for them to have a knowledge of crop varieties, cultural practices, feeding programs, etc. The purpose of this pamphlet is to provide farmers with some basic ideas about the use of credit and some information about the sources of farm credit that they need to know in order to use credit wisely and effectively in the operation of their farm businesses.
Number of Pages
South Dakota State College
Johnson, Canute M., "Farm Credit: Uses and Sources for South Dakota Farmers" (1956). Agricultural Experiment Station Agricultural Economics Pamphlets (1941-1991). 179.