Survey sheds light on farm profitability, while producers cut costs
Story Date: 11/3/2017

 

Source: FARM POLICY NEWS, UNIV. OF ILLINOIS, 11/2/17

A  news release on Tuesday from the American Bankers Association (ABA) stated that, "Eighty-two percent of agricultural lenders reported a decline in farm profitability in the last 12 months, according to a joint survey by the [ABA] and the Federal Agricultural Mortgage Corporation. Despite the continued decline, the survey of more than 580 agricultural lenders revealed that the agricultural loan approval rate is 84 percent." 

For more of this story, click here.


























   Copyright © 2007 North Carolina Agribusiness Council, Inc. All Rights Reserved.
   All use of this Website is subject to our
Terms of Use Agreement and our Privacy Policy.