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, …

Bags Of Money On A Farm Field

November 2016 Farm Income Forecast

Dan Industry News Release 0 Comments

Farm sector profitability is forecast to decline for the third straight year. Net cash farm income for 2016 is forecast at $90.1 billion, down 14.6 percent from the 2015 estimate. Net farm income, a more comprehensive measure of profitability, is forecast to be $66.9 billion in 2016, down 17.2 percent. If realized, 2016 net farm income would be the lowest …