Curt Covington

Politics Aside Lenders Are Watching Climate Change
Politics Aside Lenders Are Watching Climate Change
Politics Aside Lenders Are Watching Climate Change
The phrase climate change can spur strong emotions in the farming and ranching world.  But if you take the politics of cause out of the discussion, there are few in rural America that will argue that the weather is getting weird.  Wildfires, droughts, massive rain events, hurricanes all have farmers, scientists, policy makers and others paying close attention.   ...
Farmers Forced To Make Tough Choices During Downturn
Farmers Forced To Make Tough Choices During Downturn
Farmers Forced To Make Tough Choices During Downturn
If you’ve farmed long, you know the good times don’t last forever.  And neither do the bad times, but this downturn in the farm economy has been going on a long time.  The current slowdown has many farmers looking at their operation and what changes can be made.   Farmer Mac’s...
How Are Long-Term Interest Rates Impacting Farmers?
How Are Long-Term Interest Rates Impacting Farmers?
How Are Long-Term Interest Rates Impacting Farmers?
Long-term interest rates are moving higher.  But, ask Curt Covington, Executive Vice President and Chief Credit Officer at Farmer Mac, he’ll tell you the farming community saw the writing on the wall about interest rates well before hand.   “...
Ag Lenders Borrowers Must Be Up Front With Each Other
Ag Lenders Borrowers Must Be Up Front With Each Other
Ag Lenders Borrowers Must Be Up Front With Each Other
It’s not a question of if a farmer needs to borrow money, but when and how much.  When that time comes, it’s important that both sides of the relationship are honest and upfront.  Curt Covington, former ag banker, currently with Farmer Mac, says farmers first need to make their case to a loan officer, but remember, that officer must run the information up the chain of commend.  So, he said it’s vi