farm loans

Rural Mainstreet Index Dips In The Negative
Rural Mainstreet Index Dips In The Negative
Rural Mainstreet Index Dips In The Negative
After three straight months of readings slightly above growth neutral, the Creighton University Rural Mainstreet Index fell below the growth neutral threshold.  The March index slumped from 50.1 in February to a reading of 45.6 in March.  Despite...
USDAs Simplified Direction Loan Application Now Available
USDAs Simplified Direction Loan Application Now Available
USDAs Simplified Direction Loan Application Now Available
A new, simplified direct loan application is now available for all producers seeking a direct farm loan from the Farm Service Agency.  The new application went from 29 to 13 pages to provide an improved customer experience for producers applying for loans and enables them to complete a more streamlined application  Producers also have the option to complete an electronic fillable form or prepare a
Ducheneaux USDA Loans Need To Be Easier For Farmers To Get
Ducheneaux USDA Loans Need To Be Easier For Farmers To Get
Ducheneaux USDA Loans Need To Be Easier For Farmers To Get
One of the serious issues for beginning, small, or underserved farmers is the lack of access to credit.  And ask anyone who’s farmed for a while, without credit, it's almost impossible for any farmer to make it.   “This is what I feel like I was brought to the agency for is to help improve access to credit especially to those underserved populations.”   FSA Adminis...
Access To Credit Vital For Farmers To Be Successful
Access To Credit Vital For Farmers To Be Successful
Access To Credit Vital For Farmers To Be Successful
Access to credit is an important key to success in American agriculture.  Brian Tombari, Productivity Plus Program Manager at CNH Industrial Capital, said they can help to simply a farmer’s purchasing process.   “Case IH’s captive finance partner, CNH Industrial Capital, offers a line of credit called Productivity Plus," Tombari noted.  "This line of credit can ...
Despite Challenges Opportunities Still Exist In Farm Country
Despite Challenges Opportunities Still Exist In Farm Country
Despite Challenges Opportunities Still Exist In Farm Country
As farmers look ahead to 2023, many are concerned about what the financial picture hold in store.  While many producers enjoyed record commodity prices last year, there were several headwinds, from high input costs, to trade issues, and of course, weather problems, giving many reason to pause in the months ahead.  Heather...
Ducheneaux Wants To Improve The FSA Loan Process
Ducheneaux Wants To Improve The FSA Loan Process
Ducheneaux Wants To Improve The FSA Loan Process
FSA Administrator Zach Ducheneaux said he would like to see changes to the federal farm loan system.  He said he would like to see FSA operate less like a lending institution and more like a federal government initiative.  He said right now, one of the biggest challenges is that many of the Department’s loan officers have a more conservative frame of mind then needed, which he says does not result
Meyer: Farm Economy Is In Great Shape
Meyer: Farm Economy Is In Great Shape
Meyer: Farm Economy Is In Great Shape
In addition to American farmers earning a record high net income this year, experts say the financial health of the farm sector is better this year both from a farm debt and farm equity measure.  USDA chief economist Seth Meyer said by the time 2022 has come to a close, "Equity and assets are expected to rise she got at 4.1 and a 3.5% i...

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