FDIC

Hemp farmers are worried about losses because of a lack of processing equipment.  Delta Separations, a manufacturer of hemp processing equipment, claims the holdup is because U.S. banks won't make loans for processing equipment.   The company's CEO says banks are "scared that the FDIC will penalize them for supporting anyone that has the word cannabis in their supply chain."  Becaus... R

Hemp farmers are worried about losses because of a lack of processing equipment.  Delta Separations, a manufacturer of hemp processing equipment, claims the holdup is because U.S. banks won't make loans for processing equipment.   The company's CEO says banks are "scared that the FDIC will penalize them for supporting anyone that has the word cannabis in their supply chain."  Becaus... R

More farmers are falling behind on loans held by community banks when compared to last year.  The Federal Deposit Insurance Corporation says it’s watching for more risks in the Ag sector.  In its quarterly report, the FDIC didn’t refer directly to the Trump Administration’s trade war with China, which began in 2018.   In a prepared stat...

More farmers are falling behind on loans held by community banks when compared to last year.  The Federal Deposit Insurance Corporation says it’s watching for more risks in the Ag sector.  In its quarterly report, the FDIC didn’t refer directly to the Trump Administration’s trade war with China, which began in 2018.   In a prepared statemen...