Ag Banking

Farm Banks Report Robust 2015 Performance

Farm banks increased their agricultural lending by 7.9 percent in 2015 and held $100.3 billion in ag loans at year’s end, according to the ABA Center for Agricultural and Rural Banking’s annual Farm Bank Performance Report released today.

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ABA, Associations Urge Congress to Protect Crop Insurance

In a joint letter yesterday, ABA and several farming industry groups called on congressional budget committees to protect crop insurance as they develop budget proposals for fiscal year 2017, urging them not to reopen the 2014 Farm Bill in their efforts to reduce the national deficit.

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FCA Has Yet to Respond to Congress’s Questions

Usually witnesses, especially those from a federal agency overseen by the committee whose members posed the questions, respond quickly and fully to those questions. It is not smart for an agency to do otherwise. However, the FCA seems to be the exception as 57 days later it still has not answered the questions put to it at the hearing.

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