Tag: finances
More Than Just Mortgages: Interest Rate Hikes Affect Farming Too Aug 25, 2023
LITTLE ROCK — Expect one more interest rate hike before the end of the year, says Ryan Loy, extension economist for the University of Arkansas System Division of Agriculture. In […]
What Do Interest Rate Increases, Bank Downgrades Mean for Farmers? Aug 14, 2023
Three recent headlines from the financial world have farmers asking how those events could affect their lending situation. At the end of July, the Federal Reserve raised interest rates to […]
Fed Leaves Interest Rates Unchanged for Now, Farmers Deal with Interest Costs That Have Doubled in a Year Jun 14, 2023
The Federal Reserve announced its decision to keep interest rates unchanged on Wednesday, while also signaling two more rate hikes are likely yet this year. As the U.S. central bank […]
5 Reasons to Take a Hard Look at Your Balance Sheet Jun 13, 2023
The 2023 crop is in the ground and growing steady, just like ag’s financial risks this year, according to Alan Rosendahl, farmer and senior vice president at Iowa State Bank […]
Federal Reserve: Observations on the Ag Economy- May 2023 Jun 5, 2023
On Wednesday, the Federal Reserve Board released its May 2023 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining to the […]
Agility and Absorption Capacity Apr 25, 2023
Introduction Agility and absorption capacity are often thought of as two distinct strategies through which farm managers build resilience. Agility is assumed to be critical for emerging businesses, still in […]
Farm Like A Banker: How To Fund Your Farm In A Rising Rate Environment Apr 18, 2023
Just as your crops will be doing soon, financial risks are growing this year. “Producers are navigating the risks associated with narrowing profit margins in a high-cost environment,” says Jim […]
Farm Credit Issues Report On Current Ag Economy, Condition Of Its System Apr 17, 2023
McLEAN, Va., — At its monthly meeting today, the Farm Credit Administration board received a quarterly report (PDF) on economic issues affecting agriculture, together with an update on the financial condition and […]
Do I Need A Trust? Mar 28, 2023
Here’s what farmers should consider with this sometimes complex question Most estate planning starts with a will. The legal document covers what to do with your assets and provides important […]
Safeguard Your Funds: What Farmers Can Learn from the Recent Bank Collapses Mar 20, 2023
In mid-March, bank regulators shuttered and seized deposits from two high-profile banks: Silicon Valley Bank and Signature Bank. The bank collapses sent tremors through the financial system — surfacing memories […]