Large Banks Leaving Ag Lending, Rabobank Filling the Gap
Top U.S. banks like J.P. Morgan and Capital One are on the way out of ag lending. But, Rabobank will be reportedly step in to fill that gap.
The nation’s top 30 banks saw a 17.5% decline, or about $3.9 billion, in their farm-loan portfolios between the peak of December 2015 and March of this year. However, Rabo...