Farm Lenders Look at 2019 and Continuing Low Prices
January 22, 2019
NASHVILLE, Tenn (RFD-TV) Farm lenders say rising prices don’t seem to be on the horizon, and the industry is in much better shape than it was during the crisis of the 1980s. As farmers forge ahead in what’s likely another year of low prices, their partners at Farm Credit are pulling out of all the stops to help through the down cycle. Increased lending limits for FSA loans, which were part of the 2018 Farm Bill, will also be a help to financially imperiled farmers, as soon as the USDA returns to normal functioning and can begin implementing the new law. Farm Credit organizations across the country are also investing in mental health programs and initiatives through Ag departments and universities, in an effort to help farmers, their families, and even Farm Credit staff deal with stress.