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Anatomy of the Big One: Red Flags in Large Ag Loans
Throughout the decades I have been involved as an educator in agricultural finance, an all-too-familiar pattern has emerged for large agricultural...
8 September, 2026
8 min read
Ag Economy Quarterly Summary - Q2 2026
The Ag Economy Summary is Farmer Mac's quarterly analysis of the trends influencing agricultural profitability, rural lending, and the broader farm...
3 September, 2026
4 min read
Farmland Price Index Update – Q2 2026
The Farmland Price Index (FPI) shows farmland values trending higher nationally in 2026. The FPI increased in the first two quarters of 2026 compared...
28 August, 2026
2 min read
Rethinking the Summer Slowdown in Agricultural Lending
Yield curve volatility suggests now might be a critical window for proactive borrower conversations, bucking the traditional summer slowdown....
28 August, 2026
3 min read
The Lion’s Share of the Beef Dollar
The U.S. cattle industry is experiencing a notable redistribution of revenue, with cow-calf producers capturing an unusually large share of the...
26 August, 2026
5 min read
Farmer Mac Names Nader Pasdar as Executive Vice President – Chief Business Officer
WASHINGTON, D.C., August 13, 2026 – The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A) today announced the appointment...
13 August, 2026
1 min read
Farmer Mac Declares Quarterly Dividends on Common and Preferred Stock
WASHINGTON, D.C., August 12, 2026 — The Board of Directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a third quarter...
12 August, 2026
1 min read
Farmer Mac Reports Second Quarter 2026 Results
Farmer Mac Reports Second Quarter 2026 Results - Outstanding Business Volume of $37.2 Billion - WASHINGTON, D.C., July 30, 2026 — The Federal...
30 July, 2026
1 min read
Farmer Mac to Announce Second Quarter 2026 Financial Results
WASHINGTON, D.C., July 16, 2026 — The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A) today announced that it will...
16 July, 2026
1 min read
Farmer Mac Loan Exchange Training
The webinar was held on July 15, 2026, at 1:00 p.m. Central Time. During the webinar, participants had the opportunity to learn about the new...
15 July, 2026
Refinancing Dilemma: Lender & Borrower
In my travels this year across more than 25 states and through discussions with lenders and borrowers, a common question continues to surface: Is...
10 June, 2026
7 min read
Farmer Mac Announces Effective Date for Completion of CEO Succession
- Bradford T. Nordholm to transition to Senior Advisor to CEO Zachary N. Carpenter - WASHINGTON, D.C., June 8, 2026 — The Federal Agricultural...
8 June, 2026
3 min read
Farmer Mac Declares Dividend on Series I Preferred Stock
WASHINGTON, D.C., June 3, 2026 — The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a dividend on...
3 June, 2026
1 min read
Farmer Mac Declares Quarterly Dividends on Common and Preferred Stock
WASHINGTON, D.C., May 13, 2026 — The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a second quarter...
13 May, 2026
1 min read
Farmer Mac Prices $100 Million of Series I Preferred Stock
WASHINGTON, D.C., May 12, 2026 —The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A) today announced that it has agreed...
12 May, 2026
1 min read
Reading the Field: An Agricultural Lending Assessment for 2026
Agricultural lenders and producers are operating in an increasingly complex economic environment, and the stakes continue to rise for understanding...
10 May, 2026
8 min read
Farmer Mac to Announce First Quarter 2026 Financial Results
WASHINGTON, D.C., April 21, 2026 — The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation’s secondary market...
21 April, 2026
1 min read
Farmer Mac Reports First Quarter 2026 Results
- Outstanding Business Volume of $34.8 Billion - WASHINGTON, D.C., May 5, 2026 — The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM...
21 April, 2026
1 min read
Southbound Surge: U.S. Corn Exports Gain Momentum in Mexico
Export demand has emerged as a potential hero in the story of record 2025 U.S. corn production. Strong yields and rising global inventories pressured...
20 April, 2026
4 min read
Domestic Drought and Global Production Tighten the Screws on U.S. Farm Margins
The 2026 season begins with widespread U.S. drought, low soil moisture, and weak Western snowpack, threatening yields and raising irrigation and feed...
20 April, 2026
4 min read
Resilience Under Pressure: Farm Bankruptcy Levels and Implications for Ag Lenders
Farm Chapter 12 bankruptcies rose to 315 filings in 2025 (up 46% from 2024), yet remain far below past peaks, signaling stress rather than collapse....
20 April, 2026
6 min read
Farm Income Holds Up in 2026, Thanks to Record Government Support
The USDA projects 2026 net cash farm income (NCFI) rising about 3% to $158.5B, largely because direct federal payments are predicted to surge to a...
20 April, 2026
4 min read
The Callable Curve: What’s Been Driving Ag Interest Rates
Even as U.S. Treasury rates climbed from 2021 to 2023, many farm borrowers moved toward loans with shorter interest-rate reset periods. One...
20 April, 2026
4 min read
Farmland Price Index Update – Q4 2025
The Farmland Price Index (FPI) continued to show farmland values plateauing nationally in Q4 2025. The FPI declined modestly at year's end relative...
20 April, 2026
2 min read
Charting the Course: Agricultural Lending in 2026
In charting the course for 2026, recent conversations with agricultural lenders, risk management professionals, and, of course, agricultural...
10 March, 2026
8 min read
Farmer Mac to Host Investor Day on March 18, 2026
- Outstanding Business Volume of $34.8 Billion - WASHINGTON, D.C., March 4, 2026 — The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE:...
4 March, 2026
1 min read
Farmer Mac Reports 2025 Results
- Announces 7% Dividend Increase -- Outstanding Business Volume of $33.4 Billion - WASHINGTON, D.C., February 19, 2026 — The Federal Agricultural...
19 February, 2026
1 min read
Rates, Risk, and Resilience: What 2026 Could Mean for the U.S. Ag Economy
Webinar was held on February 12, 2026
12 February, 2026
National Land Podcast: What Will Happen to Land Values in 2026?
Farmer Mac’s Jackson Takach returns with a title update and a clear read on the new USDA outlook. He unpacks why USDA revised 2025 net cash farm...
6 February, 2026
Farmer Mac to Announce Fourth Quarter and Full Year 2025 Financial Results
WASHINGTON, D.C., February 5, 2026 — The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation’s secondary market...
5 February, 2026
1 min read
ABA Agricultural Bankers Conference Highlights Key Trends and Challenges
The 73rd American Bankers Association Agricultural Bankers Conference was held in St. Louis in November, drawing higher attendance and using a...
6 January, 2026
9 min read
Resetting Expectations: The Great Loan Shortening
Farm loan demand is on the rise in 2025, spurred by compressed profit margins for many crop producers. For operators looking to tap equity on their...
5 January, 2026
3 min read
Trending, Not Tumbling: Why Ag Loan Performance Signals Stability (For Now)
U.S. farm loan performance in 2025 has returned to historical averages, with non-performing loan rates near 1%. While some regions show elevated...
5 January, 2026
4 min read
Ag Trade in the Time of Tariffs
U.S. agricultural trade has faced significant shifts in 2025 due to new tariffs and evolving trade policies. While the value of imports has dropped...
5 January, 2026
3 min read
Farmland Price Index Update – Q3 2025
The Farmland Price Index (FPI) declined modestly in Q3 2025 according to the initial data. The modest drop marked a continuation of the pullback in...
5 January, 2026
2 min read
Sour Grapes: Wine Consumption Decline Stresses Growers
A pullback in wine consumption over the past several years has emerged as a significant headwind for U.S. wine grape growers. While it remains...
5 January, 2026
4 min read
Labor a Core Challenge for Apple Growers
With harvest in storage, apple producers can celebrate what looks to be a production rebound in 2025. Unfortunately, some producers may require that...
5 January, 2026
4 min read
Farmer Mac Names Matthew M. Pullins as EVP – Chief Financial Officer and Treasurer
WASHINGTON, D.C., December 8, 2025 – The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation’s secondary market...
8 December, 2025
2 min read
Farmer Mac Closes $313.5 Million Securitization of Agricultural Mortgage-Backed Securities (AMBS)
WASHINGTON, D.C., December 3, 2025 – The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation’s secondary market...
3 December, 2025
3 min read
2025 Ag Lender Survey: Ag Lenders Signal Cautious Outlook for Farm Profitability in 2025
ABA, Farmer Mac survey results released at ABA Agricultural Bankers Conference in St. Louis Agricultural lenders report signs of tighter...
12 November, 2025
4 min read
Working Through Volatility
Lenders know that when the dollar drops—as it did by roughly 11% in the first half of 2025—it’s normally good news for agriculture. A cheaper dollar...
10 November, 2025
2 min read
Farmer Mac Reports Third Quarter 2025 Results
- Outstanding Business Volume of $31.1 Billion - WASHINGTON, D.C., November 3, 2025 — The Federal Agricultural Mortgage Corporation (Farmer Mac;...
3 November, 2025
6 min read
Farmer Mac to Announce Third Quarter 2025 Financial Results
WASHINGTON, D.C., October 20, 2025 — The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation’s secondary market...
20 October, 2025
1 min read
Building Strong Customer Relationships in Lending
As artificial intelligence (AI) and technology reshape our industry, the human touch becomes even more valuable. There’s truth in the saying that...
30 September, 2025
8 min read
Farmer Mac Announces Retirement of CEO Bradford Nordholm and Appoints Zachary N. Carpenter President and COO
WASHINGTON, D.C., September 25, 2025 – The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation’s secondary market...
25 September, 2025
3 min read
Farmer Mac Declares Dividend on Series H Preferred Stock
WASHINGTON, D.C., September 10, 2025 — The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a dividend...
10 September, 2025
1 min read
Webinar Recording: Expert Perspectives on USDA’s Farm Income Release
Webinar was held September 3, 2025
3 September, 2025
1 min read
Fields of Plenty: Grain Outlook for 2025
The 2025 grain outlook predicts strong global supplies, with robust corn and soybean stocks, and lower but steady wheat reserves. Favorable weather...
27 August, 2025
4 min read
An Unprecedented Cycle in Almond Prices?
After a decade-long decline, almond prices have finally rebounded over the past year—a welcome shift for producers. While the rise and fall of almond...
27 August, 2025
4 min read
A Brief History of (ITC and PTC) Time
The Investment Tax Credit (ITC) and Production Tax Credit (PTC) have significantly influenced the growth of renewable energy in the U.S., supporting...
27 August, 2025
7 min read
Beefing with Imports
Sizzling retail beef demand and extraordinary live cattle prices have most U.S. ranchers riding high in the saddle this year. However, one fly in...
27 August, 2025
3 min read
Grit in the Grease: Farm Machinery (Loan) Demand Trending Lower
Farm machinery sales continue to decline, hampered by elevated interest rates, weak commodity prices, and the recent surge in machinery upgrades...
27 August, 2025
3 min read
Farmland Price Index Update – Q2 2025
Farmland markets sent mixed signals across the country this summer. The USDA released the annual Land Values report in August, which showed a...
27 August, 2025
2 min read
Cream of the Crop: High Calf Prices Altering Dairy Economics
Record-high beef prices continue to impact the U.S. dairy sector in unexpected ways. Dairy producers have limited expansion plans in favor of...
27 August, 2025
5 min read
La Nada, No Problem: Weather Outlook for 2025 Harvest and Beyond
Mild and dry fall conditions are expected for the 2025 harvest across the Midwest, with neutral "La Nada" climate patterns persisting and a possible...
27 August, 2025
3 min read
Farmer Mac Prices $100 Million of Series H Preferred Stock
WASHINGTON, D.C., August 20, 2025 — The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A) today announced that it has...
20 August, 2025
2 min read
Farmer Mac Announces Geraldine Hayhurst as New Chief Legal Officer and Planned Retirement of General Counsel, Stephen Mullery
WASHINGTON, D.C., August 18, 2025 — The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation’s secondary market...
18 August, 2025
3 min read
Farmer Mac Declares Quarterly Dividends on Common and Preferred Stock
WASHINGTON, D.C., August 14, 2025 — The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a third quarter...
14 August, 2025
1 min read
Farmer Mac Reports Second Quarter 2025 Results
WASHINGTON, D.C., August 7, 2025 — The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market...
7 August, 2025
6 min read
Webinar Recording: Agriculture and Ag Lending in Economic Disorder
Webinar was held on July 29, 2025.
29 July, 2025
1 min read
What Does Your Balance Sheet Say When You're Not Listening?
I recently experienced something historic in Omaha, Nebraska: being in the presence of Warren Buffett when he announced his retirement from...
28 July, 2025
9 min read
Farmer Mac to Announce Second Quarter 2025 Financial Results
WASHINGTON, D.C., July 24, 2025 — The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation’s secondary market...
24 July, 2025
1 min read
Farmer Mac Announces Departure of Chief Financial Officer
WASHINGTON, D.C., July 10, 2025 – The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation’s secondary market...
10 July, 2025
2 min read
Farm Credit Bank of Texas & Partners Unite to Support Texas Hill Country Flood Relief
Our hearts are with the Texas Hill Country communities devastated by this weekend’s catastrophic flooding and their tragic loss of over 100 lives. ...
9 July, 2025
Farmer Mac Closes $300.1 Million Securitization of Agricultural Mortgage- Backed Securities (AMBS)
WASHINGTON, D.C., June 11, 2025 – The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation’s secondary market...
11 June, 2025
2 min read
Raising the Steaks
The beef cattle industry is thriving on strong consumer beef demand, amid a shrinking U.S. cattle herd, leading to record profitability for...
28 May, 2025
4 min read
“Pasture” Prime? An Analysis of the Equine Industry
The U.S. equine industry continues to evolve, as it has for numerous decades. Replaced by cars a century ago as the primary source of transportation,...
28 May, 2025
6 min read
Farmland Price Index Update - Q1 2025
The initial estimate for the Q1 FPI showed farmland prices declining modestly in Q1. The moderate pullback comes amid a slowdown in farmland values...
28 May, 2025
3 min read
A Farm Income Upswing amid Tariff Turbulence?
Farm sector profits are projected to rebound in 2025, fueled by strong livestock prices and expansive government payments. In all likelihood, the...
28 May, 2025
4 min read
Laboring over agricultural Imports
Trade deficits have garnered significant attention in 2025, including in the agricultural sector, which has historically maintained a trade surplus...
28 May, 2025
3 min read
Making (Too Much?) Hay While the Sun Shines
Hay prices have continued to soften in 2025 after reaching historic levels less than two years ago. As is the case with other U.S. commodities,...
28 May, 2025
3 min read
What in the World? How the U.S. Became a Net Importer of Food and Agriculture
The U.S. has shifted from being a net exporter to a net importer of food and agricultural products in recent years. This change stems from higher...
28 May, 2025
4 min read
Bridging the Divide: Digital Connectivity as a Catalyst for Rural Economic Resilience
Rural prosperity is shifting in a big way. It's no longer just about traditional industries—today, the economic strength and vitality of rural...
20 May, 2025
2 min read
Top Questions from the Speaking Circuit
My recent engagements across 21 states and with Canadian and Mexican neighbors have surfaced several recurring questions about agricultural lending...
20 May, 2025
8 min read
Transforming Ag Lending: Technology’s Expanding Role in Credit, Risk, and Loan Delivery
Data and analytics have been transforming how farmers make decisions for years—whether it's choosing which fields to plant, when to irrigate, or how...
15 May, 2025
2 min read
Digital Connectivity: As a Driver of Smart Agriculture and Sustainability
A digital transformation in agriculture is underway, expanding the boundaries of smart, efficient, and sustainable farming practices. By adopting...
14 May, 2025
2 min read
Farmer Mac Declares Quarterly Dividends on Common and Preferred Stock
WASHINGTON, D.C., May 14, 2025 — The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a second quarter...
14 May, 2025
1 min read
Farmer Mac Reports First Quarter 2025 Results
- Outstanding Business Volume of $29.8 Billion - WASHINGTON, D.C., May 9, 2025 — The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE:...
9 May, 2025
7 min read
Farmer Mac to Announce First Quarter 2025 Financial Results
WASHINGTON, D.C., April 24, 2025 — The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation’s secondary market...
24 April, 2025
1 min read
Agricultural Lending Circa 2025
The start of the second quarter of the 21st century has been full of speaking engagements with producers, agricultural lenders, and agribusiness...
28 March, 2025
7 min read
Farmer Mac Appoints Daniel L. Shaw to Board of Directors
WASHINGTON, D.C., March 26, 2025 — The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market...
26 March, 2025
2 min read
Understanding Farmland Value Trends: Introducing a New Farmland Price Index
Given its role as the bedrock of the agricultural sector and an important economic driver, the current market value of farmland garners special...
12 March, 2025
5 min read
Shifting Gears: How A Steepening Yield Curve is Impacting Bank Loan Demand
Many agricultural producers have been buffeted by market forces over the past two years. Falling revenues, higher costs, and elevated interest rates...
5 March, 2025
4 min read
Farmer Mac Reports 2024 Results
- Announces 7% Dividend Increase - - Outstanding Business Volume of $29.5 Billion - WASHINGTON, D.C., February 21, 2025 — The Federal Agricultural...
21 February, 2025
8 min read
Farmer Mac to Announce Fourth Quarter and Full Year 2024 Financial Results
WASHINGTON, D.C., February 6, 2025 — The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation’s secondary market...
6 February, 2025
1 min read
Banker Conference: State of the Agricultural Economy
Annually, one of the best venues to gain a vantage point of the state of the agricultural banking industry and economy is the Agricultural Bankers...
21 January, 2025
8 min read
Credit Under Pressure: How a Shifting Agricultural Economy is Reshaping Lending—and Reinforcing Farmer Mac’s Role