Agricultural lending by U.S. farm banks increased 8.1% in 2022 to $103.1 billion, according to the American Bankers Association's annual Farm Bank Performance Report.
Weather and Flood Forecasts Point to Possibility of Prevent Plant in the Midwest, Northern Plains
Wet weather in the Northern Plains and Upper Midwest is sparking conversations about a growing number of prevent plant acres this year. Is it too early to start conversations about the possibility of prevent plant?
Emerging Risks Depress Profit Margins and Challenge Traditional Business Models
“Over the next five years, ag retailers will need to get a handle on changing customer needs, lower expected industry working capital, and rising property casualty insurance costs,” Ken Zuckerberg writes.
USDA Announces Second Round of Debt Relief to "Distressed" Borrowers
This round is for those who were past due on a direct loan as of Sept. 2020 that is delinquent; restricted a loan after Feb. 2020 through FSA; and who owe more interest on a direct loan than the level of the principal.
