Ag bankers anticipate farmland market to remain strong

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Ag bankers anticipate farmland market to remain strong FarmWeekNow By: Daniel Grant The value of farmland could remain near historical highs and possibly even increase the next 12 months, according to ag bankers. An American Bankers Association (ABA), Farmer Mac survey of ag lenders showed 8 of every 10 respondents reported farmland values increased an… Read more »

Bankers Upbeat on Farm Income Prospects

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Bankers Upbeat on Farm Income Prospects Great American Insurance Group By: Chris Clayton CINCINNATI (DTN) — Despite concerns about inflation, agricultural bankers overall are more upbeat about the profitability they are seeing from their loan customers than in the past five years. The ABA and Federal Agricultural Mortgage Corp. (Farmer Mac) released the results of… Read more »

ABA Survey: Ag Borrower Profitability Increased in 2021

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ABA Survey: Ag Borrower Profitability Increased in 2021 ABA Banking Journal 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 the American… Read more »

Study: Ag lenders expect less profitability in 2022

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Study: Ag lenders expect less profitability in 2022 BankBeat U.S. agricultural lenders expect 80 percent of their borrowers will be profitable this year, although that number drops nearly 10 points in 2022, according to the Fall 2021 Agricultural Lender Survey Report. Expectations have sharply risen for both this year and 2022, according to the report… Read more »

Legal Advice Keeps Land in Families: Hipp Challenges Ag Lawyers to Help Farmers, Ranchers

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Legal Advice Keeps Land in Families Hipp Challenges Ag Lawyers to Help Farmers, Ranchers Progressive Farmer, Powered by DTN By: Jerry Hagstrom, DTN Political Correspondent SALT LAKE CITY — Addressing some of the nation’s top agricultural attorneys, USDA General Counsel Janie Hipp challenged ag lawyers to help farmers and ranchers stay on the land and… Read more »

Cultivating the Next Generation of the Ag Economy (BANK OF THE FUTURE)

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Cultivating the Next Generation of the Ag Economy. (BANK OF THE FUTURE) Advisor News ABA Banking Journal | By: Deborah Whiteside Supporting agriculture has been one of the oldest historical activities of America’s banks–but for anyone interested in America’s future, ag banking will remain front and center. As of March 31, 2021, 1,113 U.S. banks–nearly… Read more »

Should banks be financing farm real estate now?

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Should banks be financing farm real estate now? BankBeat By: John Blanchfield and Heather Malcolm Nearly two years ago we wrote an article for BankBeat that urged bankers to help their farm and ranch customers hedge their interest rate exposure. Today there are a number of factors at play in farm real estate lending that… Read more »