Source: SOUTHERN FARM NETWORK, 7/29/19


Top U.S. banks like J.P. Morgan and Capital One are on the way out of ag lending. However, Banking Dive magazine says Rabobank will be stepping in to fill that gap. The nation’s top 30 banks saw a decline of 17.5 percent, or about $3.9 billion, in their farm-loan portfolios between the peak of December 2015 and March of this year. However, Rabo AgriFinance, which only lends to farmers, saw its business jump seven percent during that same time frame.

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