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
Soy Transportation Coalition’s Mike Steenhoek discusses the proposed six-axle truck pilot program and its potential impacts on agriculture and freight transportation.
Markets have been slow to respond as crop stress worsens across major winter wheat regions, where quality ratings have fallen to multi-decade lows.
Moly Manufacturing welcomed renowned cattle expert, Dr. Temple Grandin, as the keynote speaker for its “Beef and Greet” livestock industry event.
Producers say limited moisture is creating major challenges for crops and irrigation heading into summer.
The state-level focus is split between labeling and sales restrictions.
Textile strategist Robert Antoshak says responsible fashion is not dead, but voluntary sustainability language is not enough on its own.
