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 »
Posts By: Betsy Urso
Sentinel-Tribune – Survey shows ag industry concerns
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
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 »
News Journal – Survey shows concerns among ag industry
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 »
Loans for Exurban Buyers Is a Growth Business
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 »
Survey of bankers shows concern about farm debt and low income
Survey of bankers shows concern about farm debt and low income Grand Forks Herald Written By: Dan Gunderson / MPR News The survey of nearly 500 ag lenders was done in August by Farmer Mac and the American Bankers Association. MINNEAPOLIS — A fall survey of ag lenders shows concern about farm income and debt… Read more »
The Van Trump Report – Ag Outlook Brightens
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 »
Dramatic Recovery in 2020 Net Farm Income Could Hint at New Record AgWeb
Dramatic Recovery in 2020 Net Farm Income Could Hint at New Record AgWeb By: Tyne Morgan As the 2020 harvest comes to a close, it’s a year marked with unknowns. “This has been a phenomenal year with all sorts of market developments every month, we think we’ve got things figured out, and then the next… Read more »
Survey of bankers shows concern about farm debt and low income
Survey of bankers shows concern about farm debt and low income MPR News By: Dan Gunderson A fall survey of ag lenders shows concern about farm income and debt levels, but most bankers expect credit will be available to farmers next year. “If you look at the expectations for ag lenders, even though they said… Read more »
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