Agricultural Lender Survey Results Released

Dan Economy

The top concern facing agricultural lenders going into 2023 is interest rate volatility, according to the 2022 Agricultural Lender Survey report. The report announced this week is produced jointly by the American Bankers Association and Farmer Mac. Nearly half of respondents ranked interest rate volatility among their top two concerns, up 35.5 percentage points from last year. While rising rates …

Omnibus Appropriations Bill

Agricultural Lenders Expect Borrowers to be Profitable This Year

Dan Economy

The American Bankers Association and the Federal Agricultural Mortgage Corporation released their most recent survey of agricultural lenders. The good news is that the lenders expect 80 percent of their borrowers to show a profit in 2021. Looking ahead to next year, the lenders expect that 70 percent of their borrowers will remain profitable through 2022. The report says the …

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Farm Bank Lending Stay Strong in 2020

Dan Economy

Despite a global slowdown in 2020 brought on by COVID-19, agricultural lending by U.S. farm banks remained strong at $98.6 billion, just a 1.8 percent drop from the prior year. The American Bankers Association’s annual Farm Bank Performance Report attributes the change to a 6.7 percent decline in agricultural production loans. By contrast, the outstanding loans secured by farmland increased …


Farm Bank Lending Rises to $108 Billion in 2018

Dan Economy, Industry News Release

U.S. farm banks increased agricultural lending by 5.3 percent, or $5.5 billion, to $108 billion in 2018. The American Bankers Association recently released its annual Farm Bank Performance Report. The report found that in 2018, farm banks’ asset quality remained healthy and non-performing loans stayed at a pre-recession level of 0.52 percent of total loans. The report is an analysis …


Ag Bankers Report Shows Increase in Lending

Dan Economy, Industry News Release

Agricultural lending from U.S. banks increased nearly six percent in 2017, according to a new report by the American Bankers Association. Ag lending increased $5.9 billion to $106 billion last year from farm banks, which are defined as banks whose ratio of domestic farm loans to total domestic loans is greater than or equal to the industry average. Total farm …

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Farm Profitability Still Down, But Improving

Dan Economy, Industry News Release

A new survey of bankers shows 82 percent of agricultural lenders reported a decline in farm profitability in the last 12 months. However, the pace of the decline has slowed. The survey produced by the American Bankers Association and Farmer Mac shows 51 percent of agricultural lenders noted an increase in the demand for agricultural operating loans, while there was …


Ag Lenders Pessimistic About Farm Profits

Dan Industry News Release

Farmers are still feeling the pressure of a lagging farm economy. A joint survey from the American Bankers Association and the Federal Ag Mortgage Corporation confirms the pressure. Nearly 90 percent of ag lenders report an overall decline in farm profitability over the last year. 84 percent indicate there are higher levels of operating leverage as a result. The survey …