Ag Banking

ABA Calls for Changes to USDA Loans in 2018 Farm Bill

In a statement for the record in a Senate Agricultural Committee hearing on commodities, credit and crop insurance, ABA today called on lawmakers to reform the U.S. Department of Agriculture’s guaranteed farm loan programs in the 2018 Farm Bill.

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ABA Applauds Proposed Structural Changes to USDA

The American Bankers Association today welcomed a proposal by the U.S. Department of Agriculture to restructure its operations to improve efficiency, effectiveness and accountability, in response to an executive order by President Trump.

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Farm Credit Watch: FCS Pushed Tax Rate Even Lower in 2016

By Bert Ely The FCS did it again — it lowered its corporate income tax bill for 2016 as its pre-tax profits reached a record $5.02 billion. Its combined federal and state income tax liability dropped from $221 million in 2014 to $197 million in 2015 and to $175 million in 2016. Its effective tax rate dropped a full percentage ...

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ABA Calls for Higher Loan Caps on FSA Guaranteed Ag Loans

Highlighting the critical role the nation’s 1,912 farm banks play in financing the operations of America’s farmers and ranchers, ABA called for changes in the upcoming Farm Bill to the USDA Guaranteed Farm Loan Program in a written statement for the record of a House Agriculture Committee hearing yesterday.

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