Agriculture industry

State of ag lending: ‘It’s not full retrenchment, but it’s close’


The global pandemic and stalled trade negotiations have discouraged farmers and ranchers from taking on more debt and made banks uneasy about extending more credit.


Coronavirus outbreaks at meat plants compound ag banks' problems


Lenders are scrambling to pause ranchers’ loan payments as meat processing plant shutdowns during the pandemic threaten $25 billion in losses for the livestock industry.


Ag lenders were already stressed. Then came the coronavirus.


The pandemic could lead to a sharp rise in defaults and loan requests from farmers who have struggled with low prices and the impact of trade wars.


Over bankers' protests, SBA pushes ahead with lending rule rewrite


Lawmakers have also criticized the agency's decision to create qualifying standards for farmers and other small businesses.


FDIC advises banks to exercise caution with agricultural loans


To guard against headwinds in the agricultural sector, the Federal Deposit Insurance Corp. recommended that institutions consider the “overall financial status” of farm loan borrowers.


More ag banks slide into red as trade war drags on


The percentage of farm lenders losing money hit a six-year high in the third quarter, according to the FDIC.


‘Nobody has working capital’: Ag lenders lament trade war’s impact


So far farm loans are holding up well, but bankers gathered at an industry conference this week said they are growing increasingly concerned that credit quality will weaken if the U.S. and China don’t reach a deal soon.


Regions Financial rethinking M&A after First Horizon-Iberiabank deal


If the no-premium agreement announced by First Horizon and Iberiabank this week is a sign that sellers’ asking prices will come down, then Regions might reconsider its anti-M&A stance, a company executive said.


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.