farmer mac

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...

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.   “...

Farmers and ranchers looking for real estate loans may directly, or indirectly work with Farmer Mac.   "We're a secondary market with respect to community bankers, we largely buy loans from them, they originate loans either into our farm and ranch program, or our USDA guaranteed loan program," said Tim Buzby, Farmer Mac President and CEO.  ...

According to a survey conducted by the American Bankers Association and Farmer Mac, farm loan payment problems are expected to rise as we march through 2018.   "We just asked what their sentiments are going forward six month, do they expect credit quality to deteriorate or to improve,” said Brittany Kleinpaste ABA economist.  “And we ...

Many in the borrowing and lending business say the ag community needs more help from the federal government.  That was the take away from the 2017 Ag Bankers Conference recently in Milwaukee, WI.  Industry experts said they would like to see changes to the FSA Guaranteed Direct Loan Program.  Specifi...

A new survey of bankers shows 82% of agricultural lenders reported a decline in farm profitability in the last 12 months.  But the news is not all negative.  The survey produced by the American Bankers Association and Farmer Mac shows 51% of agricultural lenders noted an increase in the demand for agricultural operating loans, while there was no notable change in the demand for agricultural real e