Jackson Takach

Thanks to record high input costs and very volatile interest rates, the farm economy can sometimes be difficult to navigate for the most seasoned grower.  But what about for those new to the world of farming?  What does the outlook look like for them?   Jackson Ta...

When it comes to the first two quarters of 2023, what is the expectation of the farm economy from the banker’s perspective?  That was one of many questions the 2022 Ag Lender Survey, produced by the American Bankers Association and Farmer Mac, looked to answer.  Jackson Takac...

According to the 2022 Ag Lender Survey, produced by the American Bankers Association and Farmer Mac, interest rate volatility is the top concern heading into 2023.  Jackson Takach, chief economist with Farmer Mac, said when it comes to the overall strength of the farm economy, most respondents said the Ag economy is showing improvements.   “...

The top concern facing agricultural lenders going into 2023 is interest rate volatility, according to the 2022 Agricultural Lender Survey report.  The report announced this week is produced jointly by the American Bankers Association and Farmer Mac.  Nearly ...

The nation's farm economy in general is showing signs of improving health. Jackson Takach, Chief Economist for Farmer Mac, says the obvious signs are found in commodity prices. But from a lender perspective, the signs are also pretty striking ...

Credit, like any other small business, if vital for today's farmer. And that credit, hopefully comes with dependent on reasonable interest rates. "Right now Ag producers are experiencing some of the lowest interest rates they've ever experienced ever since we've been measuring, really, farm finances ...

Chapter 12 bankruptcies, the specific chapter designed for the farm community, have increased in 2019.  However, that national trend may need some context.   “There’s some concern there, that’s a stressful situation for the farmers for the families, for the lenders, for everyone involved," said Jackson Takach chief economist at Farmer Mac.  "It’s not a fun thing to ...