Agricultural Lender Survey Report – Fall 2018

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We firmly believe that sharing information and insight is extremely important, particularly in changing economic times such as these. To that end, for the last two years, we have teamed up with the American Bankers Association to survey a broad number of ag lenders regarding their local economic and lending conditions. Through the questionnaire, ag… Read more »

Three Downturn Survival Tips From An Experienced Banker

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Three Downturn Survival Tips From An Experienced Banker Dairy Herd Management By: Anna-Lisa Laca Curt Covington joined Farmer Mac in 2015 and serves as executive vice president, agricultural finance. ( Farm Journal ) Farmers throughout the agriculture industry are struggling. Low commodity prices and higher fixed costs make it tough to eke out a profit…. Read more »

Gray-Haired Banker Advice

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Gray-Haired Banker Advice AgWeb Powered by Farm Journal By: Sara Schafer “Don’t tell me what you value, show me your budget,” says Curt Covington, executive vice president and chief credit officer with Farmer Mac. “If you show me your budget, I’ll tell you what you value.” This frank and realistic view from Covington is a… Read more »

4 Tips To Secure An Operating Loan

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4 Tips To Secure An Operating Loan TopProducer By: Anna-Lisa Laca It’s no secret that farmers across the country continue to struggle. In fact, 31% of bankers who participate in Creighton University’s August Rural Mainstreet Index reported rejecting a higher percentage of farm loans than they did in July. Jim Moriarty a dairy specialist with… Read more »

How To Take Control Of Your Finances

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How To Take Control Of Your Finances FarmJournal’s MILK By: Anna-Lisa Laca It’s no secret farmers across the country continue to struggle. In fact, 31% of bankers who participated in Creighton University’s August Rural Mainstreet Index reported rejecting a higher percentage of farm loans than they did in July. Want to learn how to take… Read more »

Farmland values hold steady as financial pressure builds

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Farmland values hold steady as financial pressure builds AgriInvestor By: Chris Janiec In this article, Farmer Mac’s Director of economic and financial research and author of The Feed, Jackson Takach explains how despite land prices remaining steady, the increasing interest rate concerns threaten to intensify financial stress building within the US farm economy. To find… Read more »

Soybean Prices Improve 15 Percent if Tariffs Resolved

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950 AM KOEL Soybean Prices Improve 15 Percent if Tariffs Resolved By: Liz Brown If the U.S. can get its trade disputes resolved,one economist says soybean prices could jump as much as 15 percent higher. Farm Journal’s Ag Web Dot Com quotes Jackson Takach of Farmer Mac as saying there’s no underestimating the importance of… Read more »