Agri-View: Interest expenses threaten financial health

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Agri-View By Bernt Nelson American Farm Bureau Federation Most farms in the United States are small family-owned businesses that rely on the availability of finance options to find the large cost of producing the food, fiber and renewable energy our country and the world rely on every day. American Farm Bureau Federation According to the… Read more »

ABA Banking Journal: Agricultural lenders’ top concerns for 2024

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American Bankers Association By Tyler Mondres Lenders still expect borrower profitability to remain relatively elevated this year. In 2023, the agricultural economy experienced both a decline in commodity prices as global inventories rebounded and lower export levels relative to 2022. For the broader economy, interest rates increased another 100 basis points as the Fed continued… Read more »

From the Fields: Recap From the 2023 ABA Agricultural Bankers Conference

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From the Fields: Recap From the 2023 ABA Agricultural Bankers Conference Wisconsin Bankers Association By Chris Schneider This November, about a dozen ag bankers from Wisconsin and I made the trek to Oklahoma City for the 71st annual American Bankers Association (ABA) Agricultural Bankers Conference. This year, the number one message was getting the ACRE… Read more »

Red River Farm Network: Interest Rate Concerns

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Interest Rate Concerns Red River Farm Network The results of the annual ag lender survey were released at the Agricultural Bankers Conference. Farmer Mac Chief Economist Jackson Takach said the survey showed a slight shift in the biggest concern for lenders. “Interest rate volatility became the number one concern that ag lenders reported facing their… Read more »

BankBeat: Inflation, liquidity top ag lending concerns

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Inflation, liquidity top ag lending concerns BankBeat Interest rate volatility was the most pressing issue for ag banks this year, according to the 2023 Agricultural Lender Survey from the American Bankers Association and Farmer Mac. ABA Senior Director of Research Tyler Mondres attributed interest rate concerns to the Federal Open Market Committee’s numerous rate hikes… Read more »

FarmWeekNow.com: Ag Lender Survey: Liquidity tops lender concerns for producers

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Ag Lender Survey: Liquidity tops lender concerns for producers FarmWeekNow.com By: Tammie Sloup Liquidity climbed to the top concern among agricultural lenders for their producer customers, with farm income levels coming in at a close second. Rising input costs, previously ranked as the top concern in 2021 and 2022, dropped to the third highest this… Read more »

Successful Farming: 3 Big Things Today, November 8, 2023

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3 Big Things Today, November 8, 2023 Successful Farming By: Tony Dreibus Soybeans, Grains Higher Overnight; Liquidity, Income Lead Farmer Worries 1. Soybean, Grain Futures Higher Overnight Soybean and grain futures were higher in overnight trading on signs of strong demand for U.S. agricultural products. China purchased 110,000 metric tons of U.S. soybeans for delivery… Read more »