Items include
agriculture
Nov 21, 2024
The agricultural community is feeling the pinch of lower commodity costs and many farmers lack adequate capital to continue operating without borrowing. We discuss the trend and the impact on CFIs.
Jun 10, 2024
As we approach the second half of 2024, the agricultural industry remains under pressure from mixed economic and demand headwinds. Despite these challenges, farmers are expressing more interest in agricultural loans to grow their available funds. CFIs should prepare to meet this increasing demand.
Mar 7, 2024
CFIs continue to dominate agricultural lending, but lending on the whole is down and unlikely to rebound in the immediate future. We discuss why CFIs should continue actively engaging with agricultural borrowers and what they should know about the trends facing this sector.
Nov 6, 2023
More and more CFIs are partnering with fintechs to automate and improve their ag lending practices. We share details of how such partnerships are enhancing banking relationships with farmers and ranchers.
Jun 16, 2021
As of May 24, 2021, $279.4B in PPP loans has been forgiven. Now, loan forgiveness is coming from a different source — the USDA’s Farm Service Agency. We give you the details, including eligibility, when the FSA forgiveness program starts, how the ABA is involved, and key takeaways for community financial institutions.
May 23, 2022
Many farmers have been reaping the benefits of rising commodity prices, some higher than 140% over the past 18 months. Yet, the Russian invasion of Ukraine changed the direction of the wind for many farmers. How will your agricultural customers fare through the geopolitical turmoil?
Jan 6, 2022
The agriculture industry appears to have experienced a turnaround during 2021. The USDA expects 2021 net farm income to increase by 23% YoY. We take a look at what has driven the recovery this past year, review the outlook for 2022, and suggest three ways in which community financial institutions could reap the most from this boom.
Nov 5, 2019
Congress passed the Family Farm Relief Act, which extends Chapter 12 bankruptcy to more farmers with greater debts. What does this mean for you and your ag customers?
Oct 18, 2018
Midwest agriculture has been hit recently. In other parts of the country, however, specialty crops such as apples and avocados are doing fine. We provide details for interested Ag lenders.
Feb 23, 2023
Faced with volatility in the stock and real estate markets, investors (including private equity firms) are turning to farmland as global commodity prices grow. That’s keeping some people from going into farming and means that established farmers are sitting on an increasingly valuable piece of collateral. We discuss how CFIs can support existing and new farmers.
Oct 7, 2020
We provide you with some of the latest Ag trends and ways to support your customers through them.
Jul 28, 2021
There are mixed signals for ag lenders these days. The Rural Mainstreet Index overall dropped to 70 in June, yet the index has shown seven months in a row of figures above “growth neutral.” We provide you with more pertinent data to give you a clearer picture of the current situation for ag lenders and how prepared they are for the future.
Aug 5, 2022
The boom of hobby farmers is driving up rural real estate prices and driving traditional farms out of the market. With aesthetically attractive farms being the most in demand, here are the best ways to advise traditional farmers and ranchers so they can find viable, affordable land.