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.
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Unlike facilities focused on merchant ammonia, Meadowlark would convert its on-site ammonia into UAN and sulfur-containing ATS fertilizers used by regional crop producers.
For producers, the issue is diesel, freight, irrigation fuel, and input delivery.
The proposed USDA rule would replace negative pay adjustments with a guaranteed minimum base rate for poultry growers.
Reduced slaughter numbers and stronger export demand are helping push livestock by-product values higher.
Pre-filled Applications Available Online to Producers with a Login.gov Account
The Rural Mainstreet Index remained below growth neutral for the fourth straight month as grain prices stay under pressure.
