Shan Hanes

USDA Rural Development is looking a t placing capital into rural America.  Shan Hanes chairs the American Bankers Association’s Ag and Rural Bankers Committee.  He said USDA is excited about getting rural development loans out to communities that need them.   “They ...

After years of a soft farm economy, you may think there is no money to be made in agriculture.  That is not true according to Shan Hanes, chairman of the American Banker Association’s Agricultural and Rural Bankers Committee.  He said despite low commodity prices and domestic and international challenges, the top 20% of farmers nationwide continue to make money.   He sai...

Ask Shan Hanes, chairman of the American Banker Association, and he’ll tell you farm bankers are nervous right now.  He and others in the ABA have been chatting with a variety of farmers across the country, both those who enjoyed a good year and those who did not have a good year.   “...

Many in the farming community consider the 1980s the low water mark in American Ag.  But after several years of low commodity prices and the number of small farms calling it quits, many are wondering if we’re headed for a new 1980s.   S...