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Local bankers: farmers and ranchers remain vulnerable as drought, insurance and land sales reshape decisions
Summary
Panelists said agriculture in the San Angelo region is 'stable at best' and increasingly dependent on insurance and government assistance; drought, water-table stress and high per‑acre development offers are changing ownership dynamics.
Panelists at a San Angelo bankers' discussion said the local agriculture sector faces persistent pressure from drought, rising costs and shifting land economics that make farming financially precarious without government and insurance support.
Brandon Braden of Texas State Bank described the sector as "stable at best," saying many operations rely on insurance and government assistance to remain viable after several…
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