Despite a shaky economy, commercial ag lenders say they have been having a good run lately.
Analysts with the University of Illinois found in the fourth quarter of last year, commercial banks specializing in ag lending reported a higher return on average assets. They also found they are more cost-efficient than non-ag banks.
The banking sector is still resilient overall, but Fed Chair Jerome Powell warns the outlook is uncertain because of high inflation.
Related Stories
Land O’Lakes President of Dairy Foods Heather Anfang discusses evolving consumer eating habits and the company’s investment in expanding dairy protein production.
Arkansas Farm Bureau says falling wholesale prices are creating financial strain for some egg growers.
RealAg Radio host Shaun Haney discusses the Louis Dreyfus expansion in Yorkton, the continued growth of Canada’s domestic canola crushing, and the outlook for pulse proteins.
Industry officials say the move could lead to additional purchases of U.S. cotton in the coming months.
Agriculture remained a key focus as officials discussed trade, supply chains and the future of the trilateral agreement.
Drought, Heat, And Markets Shape Weekly Farm Conditions