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.
Browsing: Farm banking
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.
By Bert Ely American agriculture is experiencing extraordinary financial stress, unlike anything farmers and ranchers…
Kansas banker Shan Hanes testified before a House Agriculture Subcommitee today, offering the association’s perspective on agricultural credit issues in rural America.
As bank consolidation continued, between 2012 and 2017, the number of bank branches declined by 7% across all counties, according to a new research study published by the Federal Reserve today.
Read more in the ABA/Farmer Mac Agricultural Lender Survey.
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.
With the farm economy in the midst of a prolonged downturn, the primary concern among ag lenders in 2019 was credit quality and the deterioration of agricultural loans, according to the latest agricultural lenders survey conducted by the American Bankers Association and Farmer Mac.
The United States Department of Agriculture today issued a long-awaited interim final rule establishing new regulations and procedures for the legal production of industrial hemp, as required by the 2018 Farm Bill.
The FCS, America’s least known government-sponsored-enterprise, has an excessively complex and increasingly obsolete organizational structure. … Simplifying the structure of the FCS would improve its operating efficiency, which presumably would benefit its member/borrowers, while strengthening the FCA’s safety-and-soundness regulation of the FCS.