Banks focusing on agriculture loans are reporting higher profits recently.
Researchers at the University of Illinois crunched the numbers and found that ag banks on average have a return on assets at 1.07 percent, which is compared to non-ag banks at 1.03 percent.
They also found ag banks are more efficient, too, with the efficiency ratio up several points during the fourth quarter.
Related Stories
Strong exports and production support ongoing corn demand.
Brooks York with AgriSompo provide insight on crop insurance considerations and the decisions farmers are making as the enrollment deadline approaches.
Strong consumer demand supports livestock market outlook.
Farm legal expert Roger McEowen discusses a new rail antitrust case in Kansas and its potential implications for farmers as rail upgrades signal continued export-driven demand for logistics.
Strike risk adds volatility to already tight markets.
Technology-driven lending decisions may shape the future availability of farm credit.