Posts By: Michael Marriott

Agricultural lenders expect only 58% of borrowers will remain profitable this year compared to 78% last year, according to the 2024 Ag Lender Survey report produced jointly by the American Bankers Association and the Federal Agricultural Mortgage Corporation, more commonly known as Farmer Mac (NYSE: AGM and AGM.A). The combination of lower export demand for… Read more »

The Farm Financial Crisis of the 1980s is seemingly manifested with each disheartening report of low farm income or high interest rates, slim margins or poor prices. In contrast, bankers, economists and financial advisors looking at today’s numbers see significant differences – largely positive advantages – for farmers to weather the current financial storm. …… Read more »

How will interest rate drops affect land sales? Today is our quarterly economic update, covering interest rate impact on agriculture, land for sale, and new announcements from the USDA. Jackson Takach is the Chief Economist and Head of Strategy, Research, and Analytics for Farmer Mac, the secondary market for agricultural loans. He is here to… Read more »

During these tougher economic times, it’s also important for both lenders and regulators to be proactive, said Jackson Takach, the chief economist and head of strategy, research, and analytics at Farmer Mac. “Regulators need to make sure that banking institutions have access to all the capital that they need, all the support that they need,… Read more »

The chief economist at Farmer Mac says there should be immediate relief for production credits when the Federal Reserve lowers interest rates. Jackson Takach says the cost of production credits should decline 1:1. “We see over the course of the next 24 months there’s an expectation of almost 200 basis points of cuts in short-term… Read more »