The presentation will point out some of the financial challenges that beginning farmers (10 years or less) will face going forward during a downtrend in agriculture. In looking at 2014 FinBin data from Minnesota farms, several key financial measures showed some obvious areas in which the beginning farms are at a significant competitive disadvantage compared to the well-established farms that are being identified by having been in business (20 plus years). The data reinforces some obvious points that we generally know are challenges for new businesses to start and expand in a capital intensive industry like farming. Working capital to gross income, total net worth, higher debt to asset ratio, and size of operation stand out as the most obvious. The presentation will also include updated information that was gathered this spring from the 2015 production year here in Minnesota.