farm lending credit

Farm Banks Report Ag Lending Gains in 2016

Dan Funding, Industry News Release

Farm banks increased their agricultural lending by 5.3 percent in 2016 and held $103.4 billion in ag loans at year’s end, according to the American Bankers Association’s annual Farm Bank Performance Report. Despite overall declines in farm income, farm banks continued to maintain healthy asset quality and capital levels. More than 97 percent of farm banks were profitable in 2016, …

credit farm lending

Farm Lending Continues to Moderate

Dan Funding, Industry News Release 6 Comments

Lending activity at agricultural banks across the country continued to decline in the first quarter of 2017. A report from the Federal Reserve Bank of Kansas City says economic conditions in the farm sector are still weak, so borrowers and lenders have worked together to make adjustments in financing agricultural production across America. Ag lenders are making more adjustments to …

credit farm lending

Budget Patch Averts Ag Lending Crisis

Dan Industry News Release 0 Comments

All available ag lending money the government had was given out to farmers during the last fiscal year to help them through the worst economic downturn in decades. An Associated Press article says, despite that, no one who qualifies for a farm loan will be turned down over the next four months, thanks in part to an unusual item recently …