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.

In this month's Farm Credit Watch, Bert Ely highlights the continued abuses of Farm Credit lender CoBank, which has recently made several large loans to borrowers that are not connected to agriculture.

ABA and Farmer Mac today launched a new nationwide, biannual survey of agricultural lenders

Farm Credit System lender CoBank has overstepped its lending authority under the Farm Credit Act with a recent extension of credit to CyrusOne, Inc., a real estate investment trust, ABA said today.

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.

Farmer Mac today reported $131 million in net new business for the third quarter, generating a record outstanding business volume of $17.2 billion, $1.1 billion of which was new business.

Farm Credit System institutions dominate the ranking of the nation’s largest ag lenders, as of June 30, 2016.

Innovation can be more than engineering the latest and greatest gadget. It also means flexibly adapting to and meeting customers’ needs throughout the business cycle.

ABA wrote to members of Congress and the heads of the heads of the Farm Service Agency and the U.S. Small Business Administration yesterday urging them to end a moratorium on loans to farmers and ranchers for financing animal facilities.