Kentucky Tornadoes: Ag Banks Provide More Than Financial Resources
On Dec. 10-11, 2021, a violent line of tornadoes moved across several states, including Kentucky,…
Browsing: Ag Banking
Prologue and Predictions: 2021’s Ag Policy Shifts and a Look at the Coming Year
Changes at the U.S. Department of Agriculture and congressional leadership made 2021 an exciting year in policy development, and the coming year promises even more change.
Survey Reveals ‘Substantial’ Risk, Compliance Concerns for U.S. Banks
Banks continue to feel a heightened sense of compliance and risk concern, according to the results of a new Wolters Kluwer survey.
USDA Makes Funds Available to Bolster Food Supply Chain
The U.S. Department of Agriculture is deploying $100 million under the new Food Supply Chain Guaranteed Loan Program to make nearly $1 billion in loan guarantees.
ABA Data Bank: Ag Loan Delinquencies Decreased in 2021
Credit quality for both loans secured by farmland and agricultural production loans improved in 2021, ag lenders reported in the joint ABA-Farmer Mac Agricultural Lenders Survey. In the next 12 months, lenders expect credit quality will either moderately improve or stay the same.
ABA Survey: Ag Borrower Profitability Increased in 2021
A majority of ag lenders—69.7%—reported that overall farm profitability increased in the prior year, due in large part to government support, which is estimated to account for 38% of ag borrowers’ net income, according to the 2021 Agricultural Lenders Survey conducted by ABA and Farmer Mac.
Bowman: Regulatory Framework Must Not Constrain New Bank Formation
In a recent speech, Federal Reserve Gov. Michelle Bowman addresses the lack of new bank formations in the last decade and what can be done to encourage more de novo banks.
ABA Honors Ag Banking Leaders with Annual Awards
ABA today announced the recipients of its Bruning and Blanchfield Awards, the association’s premier awards presented for contributions to ag banking.
A Burger by Any Other Name?
The alternative protein business has seen impressive growth in recent years. As products continue to improve in taste and price, regularly finding their way into more consumers’ grocery bags, U.S. agribusiness increasingly will play a role—active and passive—in shaping the future of the market.
SEC Signals Reflect Administration’s Climate Change Concerns
As the SEC considers comments from its recent request for information on climate change disclosures, the Office of Corporation Finance has published a model comment letter consisting of comments that recently have been sent to various SEC registrants related to climate change.