Three Key Factors Important in Future Ag Lending

Posted by & filed under In the News.

Three Key Factors Important in Future Ag Lending Brownfield Ag News By Carah Hart The chief economist with Farmer Mac says soil health, resiliency and relationships will be important long-term for farmers and ranchers who want to borrow money. Jackson Takach says lenders are starting to use on-farm data to understand how certain farm practices… Read more »

H-2A visas increase as farmers and ranchers look to hire more guest agricultural workers

Posted by & filed under In the News.

H-2A visas increase as farmers and ranchers look to hire more guest agricultural workers St. Louis Public Radio By Will Bauer — Special to Harvest Public Media The number of H-2A visas authorized for temporary agricultural workers has been steadily increasing over the last decade. Last year more than 378,000 workers were authorized for H-2A… Read more »

Ag Balance Sheets Good Today, but Will Endure Heightened Volatility

Posted by & filed under In the News.

Ag Balance Sheets Good Today, but Will Endure Heightened Volatility AgWeb By Pro Farmer Editors Rising interest rates and higher farm expenses will pressure farm finances ahead, according to the latest quarterly economic outlook published by ag credit lender Farmer Mac. When working capital declined from 2014 to 2018, farmers were able to utilize short-term… Read more »

Should I be worried about my bank?

Posted by & filed under In the News.

Should I be worried about my bank? FarmFutures By Ben Potter Three high-profile failures this spring have more than a few feeling jittery. Bank failures are nothing new – the occasional one-off can happen even when the economy is cranking on all cylinders. But three high-profile dustups in March, including Silicon Valley Bank, First Republic… Read more »

Farm income remains at healthy level

Posted by & filed under In the News.

Farm income remains at healthy level Iowa Agribusiness Radio Network By: Riley Smith Farm incomes have been on the rise for the past five years and while they may drop some in 2023, they will still remain at a healthy level, according to Blaine Nelson, senior economist on the strategy, research, and analytics team at… Read more »

2023 Agriculture Profitability Outlook

Posted by & filed under In the News.

2023 Agriculture Profitability Outlook The Mid-West Farm Report By: Pam Jahnke Farm incomes have been on the rise for the past five years and while they may drop some in 2023, they will still remain at a healthy level. That’s according to Blaine Nelson, senior economist on the strategy, research, and analytics team at Farmer… Read more »

Protect Working Capital

Posted by & filed under In the News.

Protect Working Capital Brownfield Ag News By: Mark Dorenkamp Farm incomes are expected to drop this year and farmers are encouraged to protect working capital. Farmer Mac senior economist Blaine Nelson says net farm incomes will likely end up below last year’s record levels. “But still to a very profitable level, about 50 percent higher… Read more »