Agriculture industry

Farm foreclosures rise as trade war drags on


Banks are taking back more farmland through foreclosure than at any point in the past three years as low crop prices, epic flooding and the Trump administration’s trade spat with China have left many farmers struggling to pay their debts.


Bringing fintech to farmers


Growers Edge is adapting retail financial technology to compete with traditional banks in ag lending and crop insurance.


Trump warns on Libra; Lenders retreat on farm loans


President says Facebook could face “full banking regulation”; big banks’ farm loan portfolios have shrunk more than 17% since 2015


U.S.-China trade war heightens fears of farm credit crunch


Farmers were already taking on more debt to cover losses from falling crop prices. New tariffs and other retaliatory moves could hurt ag borrowers further and lead to loan losses and tighter underwriting.


Agriculture Department reopens briefly to assist farmers hurt by shutdown


Farm Services Agency staff will have three days to work on existing loan applications and provide tax documents for existing loans.


Expanding the Farm Credit System won’t help rural America


A recent proposal to allow the government-sponsored enterprise to offer more credit in agricultural regions is deeply flawed.


Shutdown has farmers and their lenders sweating


The impasse has halted grant and loan applications and frozen many farm subsidies just weeks ahead of planting season.


Hemp legalization could be boon for banks


Banks were reluctant to offer services to an industry that had a hazy legal status. That’s about to change.


Bankers mobilize against SBA proposal on poultry lending


Lenders fear the agency's rule could make most poultry producers ineligible for 7(a) loans.


A growing risk for ag lenders


Can farmers — and the banks that lend to them — survive Trump's trade war?