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Shining Light on Farm & Food Policy for 20 Years.
Friday, March 07, 2025
Agricultural bankers report that farmers are significantly less profitable this year, especially in corn and other grains as well as in fruit and tree nuts, and delinquency rates are expected to begin rising.
The House will debate funding for USDA and FDA as lawmakers return from their break for the Republican National Convention, while the House Agriculture Committee this week will hold a hearing on farmers’ current financial situation.
A dozen state ag officials say they are concerned with the role of some of America’s largest lenders in a United Nations coalition that aims to reduce the greenhouse gas emissions of loan portfolios around the world.
Agricultural lenders in the Farm Credit System must have a plan of action on how they will service and enhance their relationships with young, beginning and small (YBS) farmers as part of a rule approved this fall by the Farm Credit Administration board.
The American Farm Bureau Federation has selected Joby Young as its new executive vice president, and USDA announced the names of five officials who will lead state Rural Development and Farm Service Agency offices.
USDA is rolling out its debt relief program for socially disadvantaged farmers, sending out offer letters to producers eligible for direct loan relief, even as it grapples with how to pay off guaranteed loans in the face of concerns from banks worried about loss of income.
Call it what you want — a “plateau” or a “slow-motion recession” — the ag economy is not performing well, and successful producers will be those who can innovate and manage their farms well, speakers at the annual Agricultural Bankers Conference in Dallas said this week.
