Ag lenders see limited profits in 2021 Iowa PBS By: Peter Tubbs The American Bankers released their look at 2021 for rural America. Peter Tubbs looks at the findings. Multiple years of low farm commodity prices have compressed the profitability of America’s farms, according to the 2020 Agricultural Lending Survey, and joint project of the… Read more »
Posts By: Betsy Urso
Ag Outlook Brightens, But ‘A Little Murkier’ Long-Term
Ag Outlook Brightens, But ‘A Little Murkier’ Long-Term Brownfield By: Ken Anderson 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… Read more »
SE AgNet Radio Network – Ag Lender Survey Reveals Bankers’ Top Concerns
Ag Lender Survey Reveals Bankers’ Top Concerns Southeast AgNet Radio Network (From the National Association of Farm Broadcasters) The Fall 2020 Agricultural Lender Survey report shows that ag lenders continue to remain focused on credit quality, even as the farm economy continues to work through the prolonged downturn caused by COVID-19. The survey is from… Read more »
NAFB News Service – Ag Lender Survey Reveals Bankers Top Concerns
Ag Lender Survey Reveals Bankers Top Concerns American Ag Radio Network By: NAFB News Service The Fall 2020 Agricultural Lender Survey report shows that ag lenders continue to remain focused on credit quality, even as the farm economy continues to work through the prolonged downturn caused by COVID-19. The survey is from the American Bankers… Read more »
KTIC 107.9 Bull – Ag Lender Survey Reveals Bankers Top Concerns
Ag Lender Survey Reveals Bankers Top Concerns KTIC 107.9 Bull By: NAFB News Service The Fall 2020 Agricultural Lender Survey report shows that ag lenders continue to remain focused on credit quality, even as the farm economy continues to work through the prolonged downturn caused by COVID-19. The survey is from the American Bankers Association… Read more »
2020 OSU Ag and Policy Outlook: Agricultural Finance Panel
2020 OSU Ag and Policy Outlook: Agricultural Finance Panel OSU Farm Office During the first session of the 2020 OSU Agricultural Policy and Outlook Conference on Agricultural Finance Conditions and Outlook OSU Extension Educator Wm. Bruce Clevenger of Defiance County, OH moderated a panel discussion titled “Today’s Agricultural Finance as an Economic Driver”. Panelists included… Read more »
Optimistic outlook: CFAP, demand helping bottom line
Optimistic outlook: CFAP, demand helping bottom line AgriNews By: Tom Doran WASHINGTON — Crop producers are likely to see income gains over last year due to government support programs and an uptick in corn and soybean prices. This and other forecasts were featured in a recent Farmer Mac-hosted webinar. The U.S. Department of Agriculture forecasts… Read more »
Statement: Farmer Mac Mourns the Death of Board Member David Hemingway
W. David Hemingway Farmer Mac today mourns the loss of Board Member W. David Hemingway, who died unexpectedly on November 16, 2020 at the age of 73. Mr. Hemingway was elected to the Board by the holders of Farmer Mac’s Class A voting common stock in May 2020 after having previously served as a member… Read more »
BNN Bloomberg – U.S. Farms May Face Profitability Squeeze Into 2021, Survey Says
U.S. Farms May Face Profitability Squeeze Into 2021, Survey Says BNN Bloomberg By: Kim Chipman (Bloomberg) — A shaken U.S. agriculture industry already “stressed” by a profitability squeeze in a pandemic year may see little relief in 2021, according to a survey of industry lenders. Agricultural lenders reported that “just under” 51% of their borrowers… Read more »
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