Source: PROGRESSIVE FARMER, 9/10/18


Demand for marketing assistance loans through USDA's Commodity Credit Corporation is the highest it's been in a decade. Their resurgent popularity is just another way to illustrate how tough it's getting in the farm economy, especially when you consider the national average loan rate is $1.95 per bushel on corn and $5 per bushel on soybeans. In 2017, farmers put 990 million bushels of corn under loan, just shy of the 1.07 billion under loan in 2008. It's true for soybeans, too. 

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