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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Grain movement remains active, but high ocean freight and diesel costs continue to pressure export logistics.
Cattle producers met with lawmakers to discuss the issues continuing to impact ranchers across the country.
Founder Jon Mollhagen says automation continues playing a larger role in reducing labor demands and animal stress.
The Meat Institute says meat sales reached a record $112 billion last year as protein demand remained strong nationwide.
National Potato Council CEO Kam Quarles says potato wart could have devastating consequences for U.S. growers and export markets.
