A new crack in the farm economy Politico By: Ryan McCrimmon A NEW CRACK IN THE FARM ECONOMY: With weather challenges, trade tension and long-term financial headwinds buffeting the ag sector, more farmers and ranchers are taking on high-interest loans beyond the usual ag lenders just to stay in business, The Wall Street Journal reports…. Read more »
Posts By: Betsy Urso
ABA, Farmer Mac Ag Lender Survey Reveals Top Issues For 2020 – GrowingGeorgia
ABA, Farmer Mac Ag Lender Survey Reveals Top Issues For 2020 GrowingGeorgia By: Farmer Mac news release As the farm economy continues to work through a prolonged downturn, credit quality and the deterioration of agricultural loans remains the top concern for ag lenders, according to the Fall 2019 Agricultural Lender Survey report produced jointly by… Read more »
Ag Lender Survey Shows Lower Profitability and Higher Concerns – American Ag Radio Network
Ag Lender Survey Shows Lower Profitability and Higher Concerns American Ag Radio Network By: News Editor The American Bankers Association teamed up with Farmer Mac for their Fall 2019 Ag Lender Survey. The biggest takeaway from the report is that the agricultural economy and farm income remain under stress, with little if any signs of… Read more »
U.S. FARMERS TO LEVERAGE LAND AS FARM ECONOMY DETERIORATES: SURVEY – FX Stock Broker
U.S. FARMERS TO LEVERAGE LAND AS FARM ECONOMY DETERIORATES: SURVEY FX Stock Broker By. P.J. Huffstutter DALLAS – As the U.S.-China trade war drags on, more farmers are expected to take out debt against the land they own, their collateral of last resort to keep their operations going, according to a survey of lenders. The… Read more »
‘Nobody Has Working Capital’: Ag Lenders Lament Trade War’s Impact – American Banker
AMERICAN BANKER ‘Nobody Has Working Capital’: Ag Lenders Lament Trade War’s Impact By: Jon Prior Loss of income resulting from the ongoing trade war between the U.S. and China is forcing more farmers to tap the resilient value of their land to keep them going through next year’s planting season. According to a survey of… Read more »
Ag Lender Survey Shows Lower Profitability and Higher Concerns – Hoosier Ag Today
Ag Lender Survey Shows Lower Profitability and Higher Concerns Hoosier Ag Today By: NAFB News Service The American Bankers Association teamed up with Farmer Mac for their Fall 2019 Ag Lender Survey. The biggest takeaway from the report is that the agricultural economy and farm income remain under stress, with little if any signs of… Read more »
Bankers: Only 57% of farm operations profitable in 2019 – The Hagstrom Report
Bankers: Only 57% of farm operations profitable in 2019 The Hagstrom Report Lenders reported that just over 57% of their agricultural borrowers were profitable in 2019, according to a survey of 450 loan officers, managers and executives released by the American Bankers Association and Farmer Mac, the nation’s secondary market for agricultural credit. When the… Read more »
Is liquidity your No. 1 concern? – FarmProgress
Is liquidity your No. 1 concern? FarmProgress By: Ben Potter New survey results offer key insights into farm lending landscape The general tone at this year’s ABA Agricultural Bankers Conference in Dallas could be boiled down to two words: cautiously optimistic. With many farmer’s incomes in a slump for the past six or seven years,… Read more »
ABA, Farmer Mac Ag Lender Survey Reveals Top Issues For 2020 – GrowersPoint.com
ABA, Farmer Mac Ag Lender Survey Reveals Top Issues For 2020 GrowersPoint.com Source: American Bankers Assn news release Dallas, TX – As the farm economy continues to work through a prolonged downturn, credit quality and the deterioration of agricultural loans remains the top concern for ag lenders, according to the Fall 2019 Agricultural Lender Survey… Read more »
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