Agriculture industry

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

02/20/20

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

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FDIC advises banks to exercise caution with agricultural loans

01/28/20

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.

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More ag banks slide into red as trade war drags on

12/05/19

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

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

11/12/19

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.

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

11/07/19

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.

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Farm foreclosures rise as trade war drags on

09/11/19

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.

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Bringing fintech to farmers

08/08/19

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

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Trump warns on Libra; Lenders retreat on farm loans

07/12/19

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

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

05/16/19

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.

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Agriculture Department reopens briefly to assist farmers hurt by shutdown

01/17/19

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

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