Behind-the-Desk Insights

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Behind-the-Desk Insights AgWeb By: Sara Schafer Overall, 2020 brought continued stress to the agricultural economy, according to a recent report from Farmer Mac and the American Bankers Association (ABA) that surveyed nearly 500 loan officers, managers and executives. On average, ag lenders reported slightly less than 51% of their agricultural borrowers were profitable in 2020…. Read more »

Sentinel-Tribune – Survey shows ag industry concerns

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Survey shows concerns among ag industry OSU Extension By: Tony Nye How many of you have seen slogans that state, “If you ate today, thank a farmer”? Or “Farming looks mighty easy when your plow is a pencil and you’re a thousand miles from the corn field.” — Dwight D. Eisenhower. Here is another one… Read more »

Ag lenders don’t expect profits in 2021

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Ag lenders don’t expect profits in 2021 Feedstuffs Joint survey from American Bankers Assn. and Farmer Mac reveals concerns about liquidity, income and leverage. As the farm economy continues to work through a prolonged downturn in the midst of an unparalleled, global economic dislocation, agricultural lenders remain focused on credit quality, according to the “Fall… Read more »

Loans for Exurban Buyers Is a Growth Business

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Loans for Exurban Buyers Is a Growth Business Banker & Tradesman By: Lew Sichelman | Special to Banker & Tradesman Some Turn to USDA Loans Thanks to Generous Terms This year has been a moving experience. For one thing, it has been mentally taxing, what with the virus and all. For another, more people than… Read more »

The Van Trump Report – Ag Outlook Brightens

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Ag Outlook Brightens The Van Trump Report > Ag Outlook Brightens: The increase in commodity prices has brightened agriculture’s economic outlook heading into 2021. But Jackson Takach, chief economist for the Federal Agricultural Mortgage Corporation (Farmer Mac), warns that the ag economy is not out of the woods yet. “When you look at the root… Read more »