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Source: FARM POLICY NEWS, UNIV. OF ILLINOIS, 11/18/20
A news release this week from the American Bankers Association (ABA) stated that, “As the farm economy continues to work through a prolonged downturn in the midst of an unparalleled, global economic dislocation, ag lenders remain focused on credit quality, according to the Fall 2020 Agricultural Lender Survey report produced jointly by the [ABA] and the Federal Agricultural Mortgage Corporation, more commonly known as Farmer Mac. When it comes to their customers, lenders continue to be most concerned about liquidity, income and leverage.
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