Farm Futures Magazine released some tips for farmers who are worried about continuing to lose money and their ability to get out of debt. Ballard Spahr bankruptcy attorney Adam Ballinger stressed the importance of accounting and cautioning farmers who use alternative forms of financing.

"Farmers who have laser-focus on financial record keeping are doing better than those who don't," said Ballinger.

Some lenders may deny operating loans to farmers in 2019, forcing farmers to look to alternative sources of credit, which often bring higher rates and more aggressive lending relationships.

"By going out and getting these liens, [you may be] in breach with your original lending bank," said Ballinger.

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