In yet another sign of the deteriorating farm economy, a Wells Fargo economist said here last week that banks will not make loans to all financially troubled farmers who have crop insurance this year, even though they will require them to buy it.
DTN joined a tour of U.S. farmers through parts of Amazonia, Mato Grosso and Parana states in Brazil during the first two weeks in February. Farmers touring Mato Grosso and Parana repeatedly noted their soybean yields were lower than expected, but they had shifted to their...
While commercial banks and Farm Credit system lenders hold nearly equal shares of farm debt, banks hold more non-real estate debt, exposing them to greater risks if the farm economy continues to flounder.
The government will be reopened for at least three weeks, but John Harrington conjures up possibly want ads for desperate job seekers otherwise denied more logical and efficient occupation by federal budgeteers.
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