FCA Seeks Comments on Two Potentially Significant Regulatory Changes
In January, the Farm Credit Administration proposed two potentially significant regulations that could have mixed…
Browsing: Ag Banking
Helping Your Ag Customers Improve Their Farm Business IQ
In navigating sweeping changes, farm business IQ is the common denominator for producer success. And that’s an opportunity for ag bankers to team up with customers as their trusted advisers.
What Compliance Needs to Know About Hemp
While the 2018 Farm Bill authorized production and processing of hemp plants with less than 0.3% THC content, bankers need to carefully review USDA’s rules for production and licensing. Meanwhile, legal production of hemp derivatives will depend on guidance from the FDA.
Seizing Opportunities to Revive Rural Economies
As a banker working in rural America, you surely know a small town or two that seems to be dwindling away. For many years, the population has been shifting from rural areas to urban and suburban areas. ABA’s Ed Elfmann writes about how this movement is changing the markets for ag and rural banks, and what bankers can do.
ABA Calls for Transparency on Hemp Licenses, Flexibility on THC Test
ABA today recommended several changes to the U.S. Department of Agriculture’s interim final rule that would facilitate banks offering services to hemp growers and hemp-related businesses.
Resolving the Farm Credit System’s Growing Credit-Quality Problems
By Bert Ely American agriculture is experiencing extraordinary financial stress, unlike anything farmers and ranchers…
Kansas Banker Urges Support for ABA-Backed Ag Bill
Kansas banker Shan Hanes testified before a House Agriculture Subcommitee today, offering the association’s perspective on agricultural credit issues in rural America.
Banking Agencies Issue ABA-Urged Guidance on Hemp Banking
The federal banking agencies and the Financial Crimes Enforcement Network, in consultation with the Conference of State Bank Supervisors, today issued guidance long sought by ABA on banks’ Bank Secrecy Act obligations related to hemp producers.
ABA Data Bank: Ag Lenders’ Concerns about Producers
Read more in the ABA/Farmer Mac Agricultural Lender Survey.
ABA Chief Economist Sees Reason for Optimism Amid Challenges in Ag Sector
While the agricultural sector continues to face numerous challenges, “there’s a lot of optimism” among ag lenders looking ahead to the next 12 months, ABA Chief Economist James Chessen said in an interview today with RFD-TV’s “Market Day Report” program.