According to a Department of Agriculture survey, farmers anticipate planting a record high 91 million acres of soybeans in 2022, up 4% from last year. Intentions to plant corn, which requires more fertilizer to harvest, fell in 2022 amid surging costs.
During the ABA Summit, Sen. Moran (R-Kan.) reiterated his support for ECORA and other legislation intended to bolster the competitiveness of rural banks.
Bert Ely examines multiple issues, including government sponsored enterprises spending big money on marketing and branding, the accuracy of bank ranking definitions and levels of Farm Credit System lending.
The U.S. Department of Agriculture announced supplemental American Rescue Plan Act funding for the Local Agriculture Market Program.
March is National Agricultural Month, and ABA shining a spotlight on trainings and events for agricultural bankers.
The CFPB today released the lists of rural counties and rural or underserved counties that entities can use in 2022 to determine whether they are exempt from certain regulatory requirements of the Truth in Lending Act.
USDA is investing up to $2 million in cooperative agreements this year for risk management education and training programs that support historically underserved producers, small-scale farmers and conservation practices.
The Environmental Defense Fund is partnering with Farmers Business Network on farm loans to give farmers who meet climate and water quality standards with lower interest rates and agronomic insights to improve on-farm conservation.
Department of Agriculture Sec. Tom Vilsack testified before the House Agriculture Committee on the state of the rural economy and the upcoming reauthorization of the farm bill.
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.