Ag Banking

FCA Has Yet to Respond to ABA Complaint About CoBank Loan

By Bert Ely As last month’s FCW reported, on December 1, the ABA sent a letter to Farm Credit Administration (FCA) chairman Dallas Tonsager registering ABA’s strong objection to CoBank’s participation in a $1.55 billion credit facility that had been extended to CyrusOne LP, the operating partnership of CyrusOne, Inc., a NASDAQ-listed Real Estate Investment Trust, or REIT. CoBank’s portion ...

Read More »

ABA, Farm Group Efforts Result in FSA Funding Extension

ABA and several farming and financial groups wrote to the congressional appropriations committees today urging them to ensure the Farm Service Agency has sufficient funding to meet agricultural credit needs during winter and spring months, when demand for production loans peaks.

Read More »

FCS Increasingly Lends Off the Farm

The Farm Credit System’s “on-farm” lending totals continued a steady decline through the end of last year, dropping from 72.3 percent of total FCS lending in 2011 to 66.6 percent in 2015.

Read More »