Financial Resources Available to Beginning Farmers. Peyton Fair Farm Credit Mid-America Les Humpal UT Extension Danny Morris UT Extension
|
|
- Kory Cummings
- 5 years ago
- Views:
Transcription
1 Financial Resources Available to Beginning Farmers Peyton Fair Farm Credit Mid-America Les Humpal UT Extension Danny Morris UT Extension
2 Financial Resources There are several sources of financial resources for beginning farmers and businesses. These can include: Local, community banks Farm Service Agency Farm Credit System Small Business Administration (non-farm businesses) Private Individuals
3 Financial Resources We are going to discuss programs available to producers from two primary sources: Farm Service Agency Farm Credit System
4 What is the Farm Service Agency? It is the branch of the USDA that is designed to: Make and guarantee loans to family farmers Sustain family farms in support of a thriving agricultural economy Administer USDA agricultural programs such as CRP, disaster payments, etc. It is the goal of FSA loan programs to graduate borrowers to commercial credit (i.e. local banks, Farm Credit, other lenders, etc.)
5 Farm Service Agency The FSA provides two main methods of funding for farmers: Farm Ownership Loans Loans to buy land, build new structures, improve existing facilities, develop farmland to promote conservation, or refinance debt. Farm Operating Loans Loans, or lines of credit, to provide working capital for farmers to buy crop inputs, livestock, pay for repairs, insurance, and other operating expenses. If certain circumstances are met, these funds may be used to refinance debt.
6 Farm Service Agency The Farm Service Agency (FSA) appropriates funds to provide funding for loans for Beginning Farmers and Ranchers. The FSA defines a beginning farmer or rancher as someone who: Has not operated a farm or ranch for more than 10 years Does not own a farm or ranch greater than 30 percent of the average size farm in the county as determined by the most current Census for Agriculture Meets the loan eligibility requirements of the program to which he/she is applying Substantially participates in the operation
7 Farm Service Agency Maximum Loan Amounts: Direct Farm Ownership Loan: $300,000 Direct Operating Loan: $300,000 Microloan: $50,000 Guaranteed Farm Ownership Loan or Operation Loan: $1,399,000 Guaranteed loans are funded by lenders other than FSA, but guaranteed by FSA. This takes away part of the risk from the lender and places it on FSA. Making the bank more willing to lend the money. Subject to the lender s underwriting policy.
8 Farm Service Agency Down Payment Program special loan program designed to help beginning farmers purchase a farm. To qualify, Make a cash down payment of at least 5% of purchase price Maximum loan amount does not exceed 45% of the least of: The purchase price of the farm Appraised value of the farm $667,000 (Results in maximum loan of $300,000)
9 Farm Service Agency Down Payment Program continued Term of the loan is 20 years. The interest rate is 4% below the direct Farm Ownership loan rate, but not lower than 1.5%. The remaining balance of the loan needed to buy the asset can be obtained from another lender. FSA can guarantee up to 95% of the amount. Financing from participating lenders have an amortization period of at least 30 years. It cannot have a balloon payment within the first 20 years of the loan.
10 Farm Service Agency Offers other programs: Joint Financing Arrangement participating loans with other lenders Land Contract Guarantees provide certain financial guarantees to the seller of farmland to a beginning or underserved farmer Sale of inventory farmland FSA sells property that it has foreclosed on and acquired; the underserved and beginning farmers are given first priority to buy these farms at their appraised value.
11 Farm Service Agency Key takeaways: FSA provides loans to beginning farmers with relaxed terms and conditions Lower rates Extended terms Lower down payments All loans are subject to credit approval and must satisfy FSA s underwriting standards and credit policy. Additional information can be found at or at your local county FSA office.
12 Farm Credit What is Farm Credit? National system of borrower-owned cooperatives established to provide credit to rural communities and agriculture Created by Act of Congress in 1916 Farm Credit Mid-America is the association which covers Tennessee, along with Kentucky, Indiana and Ohio
13 Farm Credit Farm Credit provides all types of loans to full-time farmers, part-time farmers and rural residents Full-time farmer: primary source of income is production agriculture Part-time farmer: has at least $500 in annual Gross Farm Income (GFI), but whose primary source of income is something other than production agriculture Rural resident: no involvement in production agriculture, lives in a rural area outside of the city limits or in a city with a population less than 2500
14 Farm Credit Types of loans: Operating, Term & Real Estate Agricultural real estate Operating expenses Livestock and equipment Rural homes and lots Crop Insurance and Leasing also available
15 Farm Credit Young and Beginning Farmer Program: Growing Forward Under 35 years old or farming less than 10 years Specialized loan and education program for this market segment
16 Farm Credit Growing Forward Program Business Planning Assistance Each Growing Forward customer works with a local financial officer to create a business plan for his/her operation Simple question/answer format Enhanced underwriting standards Specialized underwriting program for YB farmers Lower down payment requirements Extended terms (up to 30 years) Lower interest rate (Tier 1 with educational requirement)
17 Farm Credit Growing Forward Program Education Two day Know to Grow conference focuses on financial stability, growing your operation, succession planning, and managing risk. Features top speakers from across the country and Farm Credit facilitators. All expenses for Know to Grow paid by Farm Credit Educational reimbursement program for outside education Leadership Beginning farmer advisory committee provides leadership opportunity
18 Farm Credit As a preferred lender, Farm Credit works closely with FSA to support young and beginning farmers 50/45/5 beginning farmer loan program Farm Credit finances 50% FSA finances 45% Farmer puts 5% down
19 Farm Credit Key takeaways: Farm credit provides specialized underwriting considerations, loan conditions and educational opportunities for young and beginning farmers All loans subject to credit and underwriting standards Visit to learn more and find a retail office near you
By providing access to credit, FSA s Farm Loan Programs offer opportunities to:
By providing access to credit, FSA s Farm Loan Programs offer opportunities to: Start, improve, expand, transition, market, and strengthen family farming and ranching operations. Provide viable farming
More informationThere are multiple avenues of credit available to agricultural producers. Let s begin by identifying who can provide financing for your agricultural
1 There are multiple avenues of credit available to agricultural producers. Let s begin by identifying who can provide financing for your agricultural venture. Local commercial banks and credit unions
More informationNurturing Agricultural Businesses ESLC Conference, November 2014 Stephen McHenry, Executive Director
Nurturing Agricultural Businesses ESLC Conference, November 2014 Stephen McHenry, Executive Director www.marbidco.org Is an Ag Development Financial Intermediary Organization Serving All of Maryland With
More informationCREDIT IN A CHANGING ENVIRONMENT. Rick Nelson Vice President, Agribusiness
CREDIT IN A CHANGING ENVIRONMENT Rick Nelson Vice President, Agribusiness 1 Who is 100,000 member co-op Headquartered in Louisville Kentucky 1,100 employees 95 offices in Kentucky, Tennessee, Ohio, Indiana
More informationAn Introduction to FSA Farm Loans
Who is FSA The Farm Service Agency (FSA), is an agency within the United States Department of Agriculture (USDA). FSA s Farm Loan Programs (FLP) can provide credit to agricultural producers who are unable
More informationFarm Service Agency Programs Overview. USDA is an equal opportunity provider, employer, and lender.
Farm Service Agency Programs Overview Farm Service Agency (FSA) Overview Part of U.S. Department of Agriculture (USDA), under Farm and Foreign Agriculture Services (FFAS) Farm programs, loans to help agricultural
More information2017 Beginning Farmer Loan and Tax Credit Programs
2017 Beginning Farmer Loan and Tax Credit Programs Iowa Agricultural Development Division Staff Steve Ferguson Tax Credit Program Specialist 515.725.4928 steve.ferguson@io wa.gov Tammy Nebola Loan Program
More informationStatement for the Record. American Bankers Association. Agriculture Committee. United States House of Representatives
Statement for the Record On Behalf of the American Bankers Association before the Agriculture Committee of the United States House of Representatives Statement for the Record On behalf of the American
More informationHOW CAN WE HELP YOU TODAY?
Nebraska USDA Farm Service Agency HOW CAN WE HELP YOU TODAY? USDA FARM LOAN PROGRAMS AND PROCESS DENISE M. LICKTEIG, FARM LOAN MANAGER NEMAHA COUNTY FARM SERVICE AGENCY WHO IS THE NEBRASKA FSA? 1 WE HAVE
More informationNebraska FSA: Program Opportunities for All Farm Sizes and Types
Nebraska USDA Farm Service Agency Nebraska FSA: Program Opportunities for All Farm Sizes and Types Presenter: Lisa Liska, Farm Loan Manager at Lincoln-Logan- McPherson County FSA Who Is Nebraska FSA? We
More informationLenders require additional and more accurate information. Lenders are more thorough in analyzing and verifying information provided.
L-2426 Financing AQUACULTURE in Texas Danny Klinefelter and Greg Clary* As for any developing industry, financing for aquaculture has been limited because both lenders and producers are inexperienced and
More informationStatement for the Record. American Bankers Association
Statement for the Record On behalf of the American Bankers Association Senate Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Subcommittee of the United
More informationFSA Direct Loans Loan Making
FSA Direct Loans Loan Making CAUTION: This is an outline for educational purposes only. To learn the details about any certain point, read the current statutes, regulations, and policy notices, which can
More informationINSIGHTS REPORT VOLUME 14 WHAT S INSIDE. Five considerations for effective financial planning in 2018.
INSIGHTS REPORT VOLUME 14 WHAT S INSIDE Five considerations for effective financial planning in 2018. Revisit your risk management strategies to prepare for success in the beef industry. How changes to
More informationTestimony of. Shan Hanes AMERICAN BANKERS ASSOCIATION. Agriculture, Nutrition and Forestry Committee. United States Senate
Testimony of Shan Hanes On Behalf of the AMERICAN BANKERS ASSOCIATION before the Agriculture, Nutrition and Forestry Committee United States Senate Testimony of Shan Hanes On behalf of the American Bankers
More informationlenders may contact their local County Office or State Office to telephone at
UNITED STATES DEPARTMENT OF AGRICULTURE Farm Service Agency Washington, DC 20250 For: State and County Offices 2-FLP Notice FLP-745 Guaranteed Loan Narrative Q&A s Approved by: Deputy Administrator, Farm
More informationTestimony of. Matthew H. Williams AMERICAN BANKERS ASSOCIATION. Subcommittee on Department Operations, Oversight, and Credit.
Testimony of Matthew H. Williams On Behalf of the AMERICAN BANKERS ASSOCIATION Before the Subcommittee on Department Operations, Oversight, and Credit of the House Committee on Agriculture United States
More informationFarm Service Agency Emergency Loan Program
Farm Service Agency Emergency Loan Program Overview Emergency loans help producers recover from production and physical losses due to natural disasters. Uses of EM Loan Funds Restore or replace essential
More informationWHY WE AREN T LIKELY TO SEE A REPLAY OF THE 1980s FARM CRISIS
WHY WE AREN T LIKELY TO SEE A REPLAY OF THE 1980s FARM CRISIS Wendong Zhang Assistant Professor, Dept. of Economics Iowa State University Why We Aren t Likely to See A Replay of 1980s Farm Crisis Dr. Wendong
More informationNORTH CAROLINA AGRICULTURAL FINANCE AUTHORITY
NORTH CAROLINA AGRICULTURAL FINANCE AUTHORITY Mission Statement The North Carolina Agricultural Finance Authority (NCAFA) was established by the North Carolina General Assembly to provide credit to agriculture
More informationTony Bowers Farm Loan Officer USDA Farm Service Agency 820 Industrial Drive, Suite 1 Sparta, WI 54656
Tony Bowers Farm Loan Officer USDA Farm Service Agency 820 Industrial Drive, Suite 1 Sparta, WI 54656 Farm Business Planning Building a Farm Business Plan Lenders Perspective Financing Options How to Build
More informationIndiana FSA Illiana Vegetable Growers Symposium. Schererville, IN January 6, 2015
Indiana FSA Illiana Vegetable Growers Symposium Schererville, IN January 6, 2015 1 Farm Service Agency - Who We Agency of USDA Are Local offices throughout Illinois and Indiana www.fsa.udsa.gov to locate
More informationAgricultural Disaster Assistance
Order Code RS21212 Updated July 3, 2008 Summary Agricultural Disaster Assistance Ralph M. Chite Specialist in Agricultural Policy Resources, Science, and Industry Division The U.S. Department of Agriculture
More informationIncrease (decrease) in For the six months ended June 30, net income
Copies of quarterly and annual reports are available upon request by contacting AgriBank, FCB, 30 E. 7th Street, Suite 1600, St. Paul, MN 55101 or by calling (651) 282-8800. Reports are also available
More informationFarm Credit. Partners. Opportunity. Setting the standard. Annual Report for rural community support. Western Oklahoma.
Farm Credit Western Oklahoma Setting the standard for rural community support Annual Report - 2017 www.farmcreditloans.com Partners Opportunity Five-Year Summary of Selected Consolidated Financial Data
More informationPROGRAM SUMMARY. For additional information, contact:
PROGRAM SUMMARY Contact: For additional information, contact: Patrick Evans (618) 244-2424 ext. 1501 pevans@il-fa.com Lorrie Karcher (618) 244-2424 ext. 1500 lkarcher@il-fa.com An application form may
More informationAgriBank, FCB and Affiliated Associations
Quarterly Report June 30, 2005 Copies of quarterly and annual reports are available upon request by contacting AgriBank, FCB, 375 Jackson Street, St. Paul, Minnesota 55101-1810 or by calling (651) 282-8800.
More informationExploring Farm Service Agency Loan Opportunities
Exploring Farm Service Agency Loan Opportunities Refresh Webinar May 2015 Today s Agenda Farm Service Agency Update Randi Sheffer, Guaranteed Loan Branch Chief Jeff King, Loan Servicing Observations from
More informationFarm Credit System. Jim Monke Specialist in Agricultural Policy. May 17, Congressional Research Service
Jim Monke Specialist in Agricultural Policy May 17, 2016 Congressional Research Service 7-5700 www.crs.gov RS21278 Summary The Farm Credit System (FCS) is a nationwide financial cooperative lending to
More informationStatement for the Record AMERICAN BANKERS ASSOCIATION. House Agriculture Committee. United States House of Representatives
March 29, 2017 Statement for the Record On behalf of the AMERICAN BANKERS ASSOCIATION before the House Agriculture Committee of the United States House of Representatives Statement for the Record On behalf
More informationThe ABA Advantage: Agricultural Banking Update & Resources BANKERS aba.com
The ABA Advantage: Agricultural Banking Update & Resources aba.com Meet today s speakers Ed Elfmann Vice President ABA Center for Agriculture and Rural Banking Sarah Grano Vice President Public Relations
More informationINSIGHTS FROM AGRICULTURAL LENDERS. January 11 th, 2019 Top Farmer Conference Beck Agricultural Center Dr. Brady Brewer
INSIGHTS FROM AGRICULTURAL LENDERS January 11 th, 2019 Top Farmer Conference Beck Agricultural Center Dr. Brady Brewer bebrewer@purdue.edu AGRICULTURAL LENDER SURVEY Survey expectations and past results
More informationTop 10 Questions to Ask Your Farm Customer!
Farmer Mac Refresh Top 10 Questions to Ask Your Farm Customer! July 2012 Today s Presenters Mike Juergens, Manager, Underwriting Department, Johnston, IA., Michael_Juergens@farmermac.com, 866 452 2617.
More informationTestimony of. Leonard Wolfe AMERICAN BANKERS ASSOCIATION. Subcommittee on Livestock, Rural Development, and Credit. of the
Testimony of Leonard Wolfe On Behalf of the AMERICAN BANKERS ASSOCIATION before the Subcommittee on Livestock, Rural Development, and Credit of the House Committee on Agriculture United States House of
More information2015 ANNUAL REPORT FARM CREDIT OF WESTERN OKLAHOMA, ACA
2015 ANNUAL REPORT FARM CREDIT OF WESTERN OKLAHOMA, ACA Five-Year Summary of Selected Consolidated Financial Data (Dollars in Thousands) December 31 2015 2014 2013 2012 2011 Statement of Condition Data
More informationNoninsured Crop Disaster Assistance Program
Program Intent The Noninsured Crop Disaster Assistance Program (NAP) is a risk management tool designed to reduce financial losses that occur when natural disasters cause a loss of production or prevented
More informationFarmer Mac Relationship Managers How Community Banks are Using Farmer Mac to Grow Their Ag Portfolios
Farmer Mac Relationship Managers How Community Banks are Using Farmer Mac to Grow Their Ag Portfolios Refresh Webinar - April 2015 1 Guest Panelist Perry Forst, President & CEO Citizens State Bank Norwood
More informationAGRICULTURAL Finance Monitor
n Second Quarter AGRICULTURAL Finance Monitor Selected Quotes from Banker Respondents Across the Eighth Federal Reserve District While commodity prices were down, farmers held their grain in storage. Now
More informationJuly 24, Re: Comment: FSA RIN 0560-AI17 Fed. Reg (Vol. 77, May 25, 2012) Dear Mr. Bonnet:
July 24, 2012 Robert Bonnet, Director Loan Making Division (LMD) Farm Service Agency - USDA 1400 Independence Avenue, SW, Stop 0522 Washington, DC 20250-0522 Re: Comment: FSA RIN 0560-AI17 Fed. Reg. 31220
More informationRisk and Disasters for Contract Producers
Risk and Disasters for Contract Producers By Scott Marlow Director, Farm Sustainability Program Introduction According to the 2002 Census of Agriculture, almost 47,000 U.S. farms produced $31.5 billion
More informationIncrease (Decrease) in For the nine months ended September 30, Net Income
Copies of quarterly and annual reports are available upon request by contacting AgriBank, FCB, 30 E. 7th Street, Suite 1600, St. Paul, MN 55101 or by calling (651) 282-8800. Reports are also available
More informationTRANSFER OF FARM ASSETS
TRANSFER OF FARM ASSETS Issue 1: Buying and Selling Farmland pp. 87-89 Cost Basis Purchase [IRC 1012] Paid in: cash, debt or other Gift [IRC 1015] Generally donor s basis Issue 1: Buying and Selling Farmland
More informationINSIGHTS REPORT VOLUME 06 WHAT S INSIDE. Understand the hidden costs that come with equipment, labor and family living expenses
INSIGHTS REPORT VOLUME 06 WHAT S INSIDE Understand the hidden costs that come with equipment, labor and family living expenses Economic downturns create risk, but they also generate opportunity When it
More informationFARM CREDIT SERVICES SOUTHWEST
FARM CREDIT SERVICES SOUTHWEST 2014 Annual Report Table of Contents Chairman and President s Letter 1 Five Year Summary of Selected Financial Data 3 Management s Discussion and Analysis of Financial Condition
More information2006 ANNUAL REPORT FIRST SOUTH FARM CREDIT, ACA
FIRST SOUTH FARM CREDIT, ACA 2006 ANNUAL REPORT Contents Message from the Chief Executive Officer...3 Report of Management...4 Consolidated Five-Year Summary of Selected Financial Data...5 Management s
More informationNET WORTH STATEMENT - FARMERS AND RANCHERS Name: Date of Statement: Valuation Method: Market Cost
NET WORTH STATEMENT - FARMERS AND RANCHERS Name: Address: Phone: Date of Statement: Valuation Method: Cost Note: This net worth statement should be filled in as a single entity. If you are able to separate
More informationAmerican Farm Bureau Federation Policy Recommendations for the 2012 Farm Bill
American Farm Bureau Federation Policy Recommendations for the 2012 Farm Bill The American Farm Bureau Federation Board of Directors approved the following document on September 28. Farm Bureau provides
More informationTestimony of. Leonard Wolfe AMERICAN BANKERS ASSOCIATION. Agriculture, Nutrition and Forestry Committee. United States Senate
Testimony of Leonard Wolfe On Behalf of the AMERICAN BANKERS ASSOCIATION before the Agriculture, Nutrition and Forestry Committee United States Senate Testimony of Leonard Wolfe On behalf of the American
More informationHarnessing Our Strengths. Redefining Tomorrow. SEPTEMBER 30, 2012 QUARTERLY REPORT
Harnessing Our Strengths. Redefining Tomorrow. SEPTEMBER 30, 2012 QUARTERLY REPORT Copies of quarterly and annual reports are available upon request by contacting AgriBank, FCB, 30 E. 7th Street, Suite
More informationRefresh Webinar Series: 2018 Road Show Rundown
Refresh Webinar Series: 2018 Road Show Rundown Today s Presenters Larry Jones, Senior Relationship Manager Washington, D.C. Headquarters Phone: 202-872-6604 Scott Steveson, Assistant Manager Credit and
More informationUsda loan credit score requirements texas
Usda loan credit score requirements texas Learn about the USDA Mortgage program and prequalify for a $0 down USDA Loan with the specialists at USDALoans.com Program Status: Open Program Factsheet: PDF.
More informationEvaluating the Financial Viability of the Business
Evaluating the Financial Viability of the Business Just as it is important to construct a new building on a strong foundation, it is important to build the economic future of your business on a sound financial
More informationQuarterly Report March 31, 2018
Quarterly Report March 31, 2018 MANAGEMENT'S DISCUSSION AND ANALYSIS The following commentary reviews the consolidated financial condition and consolidated results of operations of and its subsidiaries
More informationCRS Report for Congress
Order Code RS21278 Updated November 23, 2005 CRS Report for Congress Received through the CRS Web Summary Farm Credit System Jim Monke Analyst in Agricultural Policy Resources, Science, and Industry Division
More informationWikiLeaks Document Release
WikiLeaks Document Release February 2, 2009 Congressional Research Service Report RS21278 Farm Credit System Jim Monke, Resources, Science and Industry Division June 12, 2007 Abstract. The Farm Credit
More information2008 Farm Bill. Opportunities for Tribes and Tribal Members. The Food, Conservation, and Energy Act of USDA State Outreach Council
The U.S. Department of Agriculture (USDA) prohibits discrimination in all of its programs and activities on the basis of race, color, national origin, age, disability and where applicable, sex, marital
More informationAgriculture Loans for Alaska Farmers
UNIVERSITY OF ALASKA FAIRBANKS Agriculture Loans for Alaska Farmers Sources of financing for Alaska agriculture enterprises ABM-00240 UNIVERSITY OF ALASKA FAIRBANKS This publication contains information
More informationCRS Report for Congress
Order Code RS21212 Updated August 29, 2005 CRS Report for Congress Received through the CRS Web Summary Agricultural Disaster Assistance Ralph M. Chite Specialist in Agricultural Policy Resources, Science,
More informationSupporting Agriculture Through Emergency Response and Recovery. Jeff Bloomquist, USDA FSA - Minnesota Dan Janes, USDA FSA - North Dakota
Supporting Agriculture Through Emergency Response and Recovery Jeff Bloomquist, USDA FSA - Minnesota Dan Janes, USDA FSA - North Dakota About FSA FSA is part of USDA Administers commodity, credit, conservation,
More informationTo: NAWG Officers, Directors, State Executives From: NAWG Staff Date: December 11, 2018 Re: NAWG 2018 Farm Bill Conference Report Summary
To: NAWG Officers, Directors, State Executives From: NAWG Staff Date: December 11, 2018 Re: NAWG 2018 Farm Bill Conference Report Summary On Monday, December 10, 2018, the leaders of the House and Senate
More information2017 Farm Bank Performance Report
2017 Farm Bank Performance Report 2017 Farm Bank Performance Report Key Findings The banking industry is the nation s most important supplier of credit to agriculture providing nearly 50 percent of all
More informationMidAtlantic Farm Credit Media Kit mafc.com
MidAtlantic Farm Credit Media Kit *Numbers as of December 31, 2017 MidAtlantic Farm Credit 10,400 Member-owners $2.72 Billion in loan volume $76.6 Million in net income $607.4 Million in total capital
More informationPA Ag Lending Programs
Growing Business, Growing Smart Its People PA Ag Lending Programs Gary Smith President and CEO Chester County Economic Development Council Places Investing in the Economic Health of Chester County & Prosperity
More information2013 ANNUAL REPORT FARM CREDIT OF WESTERN OKLAHOMA, ACA
2013 ANNUAL REPORT FARM CREDIT OF WESTERN OKLAHOMA, ACA Five-Year Summary of Selected Consolidated Financial Data (Dollars in Thousands) December 31 2013 2012 2011 2010 2009 Statement of Condition Data
More informationAmerican Farm Bureau Polling Presentation July 26, 2017
American Farm Bureau Polling Presentation July 26, 2017 Key Points Voters overwhelmingly say passing a tax reform bill should be a top or important priority for Congress By a 3-1 margin, voters say U.S.
More informationFarm Aid Family Farm Disaster Relief Fund Hurricane Harvey 2017 Facilitated by Texas Organic Farmers & Gardeners Association (TOFGA)
Application for Farm Aid Disaster Relief Assistance Please read the application guidelines below and then complete the following application.be thorough but concise in your responses to the questions.
More informationJason Henderson Vice President and Branch Executive Federal Reserve Bank of Kansas City Omaha Branch May 17, 2011
Jason Henderson Vice President and Branch Executive May 17, 2011 The views expressed are those of the author and do not necessarily reflect the opinions of the Federal Reserve Bank of Kansas City or the
More information^^^ Economic Effects of the 1988 Drought in North Dakota: A 1989 Update of the Financial Conditions of Farm and Ranch Operators
I~a~ I I I I - I I I I I I I r I, - ' I. 1989 pisi Agricultural Economics Report No. 248 - I I C3 Aaugus ^^^ i f Economic Effects of the 1988 Drought in North Dakota: A 1989 Update of the Financial Conditions
More informationEconomic Development Course December 8, 2015
Economic Development Course December 8, 2015 Financing Economic Development Federal Program Gary W. Smith President and CEO Chester County Economic Development Council 1 IDA Tax Exempt Program Private
More informationFSA Guaranteed Loans
FSA Guaranteed Loans CAUTION: This is an outline for educational purposes only. To learn the details about any certain point, read the current statutes, regulations, and policy notices, which can change
More informationFocus on Farm Policy. White Paper March page 1
Focus on Farm Policy White Paper March 2018 www.icba.org page 1 TABLE OF CONTENTS Introduction...3 Principles and Rationale for a New Farm Bill...4 Rural America Needs a Robust Crop Insurance Program...
More informationChapter 15 Real Estate Financing: Practice
Chapter 15 Real Estate Financing: Practice LECTURE OUTLINE: I. Introduction to the Real Estate Financing Market A. Federal Reserve System 1. Created to help maintain sound credit conditions 2. Helps counteract
More informationPortfolio Product Review
Farmer Mac Refresh Portfolio Product Review May 19, 2016 Solutions Ag Bankers Trust Transactions types available to Farmer Mac approved Sellers: Loan purchases Transfer of credit and ALM risk from lender
More informationFarm Financial Risk Management: Introduction to Farm Financial Statements for New and Beginning Farmers
Farm Financial Risk Management: Introduction to Farm Financial Statements for New and Beginning Farmers Kim Morgan, Assistant Professor, Agricultural and Applied Economics, Virginia Tech; Peter Callan,
More informationAGRICULTURE AND RURAL DEVELOPMENT
AGRICULTURE AND RURAL DEVELOPMENT THE HONOURABLE GEORGE GROENEVELD Minister 424 Legislature Building, (780) 427-2137 AMOUNT TO BE VOTED EXPENSE and EQUIPMENT / INVENTORY PURCHASES 622,857 975,083 557,356
More information2014 Farm Bill How does it affect you and your operation? Section 1: Overview, Base Reallocation, and Yield Updates
2014 Farm Bill How does it affect you and your operation? Section 1: Overview, Base Reallocation, and Yield Updates 1 Dr. Jason Fewell Assistant Professor Department of Agricultural & Resource Economics
More informationFrequently Asked Questions
Frequently Asked Questions Q. What is an Informal Value Review? The Informal Value Review is your opportunity as a property owner to communicate with an auditor's office representative and have questions
More informationEnter Check In Code by 1:25 p.m.
Check In Code: FFFD Name Flavors of of Session Owner/User Financing Speakers Enter Check In Code by 1:25 p.m. John Randall The SBA Guy Live Oak Bank (317) 775-0344 John.Randall@liveoak.bank Who is the
More informationConterra Ag Capital. Providing industry leading agricultural loan servicing and wholesale lending to lending partners nationwide
Conterra Ag Capital Conterra supports American Agriculture through creative financial solutions. Providing industry leading agricultural loan servicing and wholesale lending to lending partners nationwide
More informationThe Agricultural Credit Market
The Agricultural Credit Market Producer Preferences for Lender Attributes Summary of Survey Results Paul N. Ellinger 4545 Travis A. Farley The Center for Farm and Rural Business Finance University of Illinois
More informationUnited States General Accounting Office. Before the Subcommittee on Conservation, Credit, and Rural Development, House Committee on Agriculture
GAO United States General Accounting Office Testimony Before the Subcommittee on Conservation, Credit, and Rural Development, House Committee on Agriculture For Release on Delivery Expected at 10:00 a.m.,
More informationProduction Risk Management for Wyoming Ranches: The Future for Federal Disaster Programs
Production Risk Management for Wyoming Ranches: The Future for Federal Disaster Programs Agricultural Marketing Policy Center Linfield Hall P.O. Box 172920 Montana State University Bozeman, MT 59717-2920
More informationQuarterly Report March 31, 2017
Quarterly Report March 31, 2017 MANAGEMENT'S DISCUSSION AND ANALYSIS The following commentary reviews the consolidated financial condition and consolidated results of operations of Farm Credit Mid-America,
More informationQuarterly Report June 30, 2017
Quarterly Report June 30, 2017 MANAGEMENT'S DISCUSSION AND ANALYSIS The following commentary reviews the consolidated financial condition and consolidated results of operations of Farm Credit Mid-America,
More informationQuarterly Report September 30, 2017
Quarterly Report September 30, 2017 MANAGEMENT'S DISCUSSION AND ANALYSIS The following commentary reviews the consolidated financial condition and consolidated results of operations of Farm Credit Mid-America,
More informationProducer. FSA 2014 Farm Bill Training 2
Producer A producer is an owner, operator, landlord, tenant, or sharecropper, who both: shares in the risk of producing a crop and is entitled to share in the crop available for marketing from the unit,
More informationAg loans nebraska. Ag loans nebraska.zip
Ag loans nebraska Ag loans nebraska.zip and comes up We're also on top of the ag industry throughout the entire region.ranch loans, ag financing in NE and farm operating lines of credit at rates Every
More informationSo What Else Is in the 2002 Farm Bill?
farmers legal action report Focus Report May 2002 So What Else Is in the 2002 Farm Bill? By Karen Krub What s Inside Equitable Relief in USDA Programs Chapter 12 Bankruptcy Extended USDA Nondiscrimination
More informationJason Henderson Vice President and Branch Executive Federal Reserve Bank of Kansas City Omaha Branch April 10, 2012
Jason Henderson Vice President and Branch Executive April 1, 212 The views expressed are those of the author and do not necessarily reflect the opinions of the Federal Reserve Bank of Kansas City or the
More informationOhio Farm Bureau Foundation. Guide to Giving
Ohio Farm Bureau Foundation Guide to Giving Table of Contents Giving in support of values........................3 Endowments......................................5 Gifts that produce a lifetime income................6
More informationAgriBank, FCB and Affiliated Associations
Quarterly Report June 30, 2007 Copies of quarterly and annual reports are available upon request by contacting AgriBank, FCB, 375 Jackson Street, St. Paul, Minnesota 55101-1810 or by calling (651) 282-8800.
More informationAgricultural Credit: Institutions and Issues
Jim Monke Specialist in Agricultural Policy June 18, 2014 Congressional Research Service 7-5700 www.crs.gov RS21977 Summary The federal government provides credit assistance to farmers to help assure adequate
More informationHarvesting a Profit: Session III: Funding
Harvesting a Profit: Session III: Funding A guide to growing a financially sustainable agricultural business Copyright 2015 Farm Credit East. All Rights Reserved. Version 2.0 1 Today s Presenters Katelyn
More informationDistrict Connected District Annual Report AgriBank, FCB and Affiliated Associations
District Connected 2013 District Annual Report AgriBank, FCB and Affiliated Associations TABLE OF CONTENTS AgriBank, FCB and Affiliated Associations Combined Five-Year Summary of Selected Financial Data...
More informationCurrent Income Tax Issues for Agriculture
Current Income Tax Issues for Agriculture Presented by Vern H. Peters, CPA, CA Tax Partner (2016/01/26) Current Income Tax Issues > Incorporation > Succession > Exit 1 Incorporation Incorporation > In
More informationAgricultural FINANCE Monitor
Agricultural FINANCE Monitor agricultural credit conditions in the Eighth Federal Reserve District 2014 Fourth Quarter The eleventh quarterly survey of agricultural credit conditions was conducted by the
More informationFinding the New, New Normal in Agriculture
Finding the New, New Normal in Agriculture Policy. Economy. Practices John M. Blanchfield 2016 Utah Bankers Ag Outlook and Conference January 28, 2016 John.blanchfield@verizon.net New Congress, New Ag
More informationARKANSAS BANKERS ASSOCIATION. Ed Elfmann, Vice President for Congressional Relations American Bankers Association
ARKANSAS BANKERS ASSOCIATION Ed Elfmann, Vice President for Congressional Relations American Bankers Association American Bankers Association Founded in 1875 First convention was held in September, 1875
More informationBusiness Financing 101 What It Takes to Borrow Money
Business Financing 101 What It Takes to Borrow Money Brad Bapst Business Development Specialist The OSU South Centers Business Development Network 1864 Shyville Rd. Piketon, OH 45661 740-289-2071 Ext.
More informationDeclaration of Florida Agricultural Disaster
February 2, 2010 Declaration of Florida Agricultural Disaster The U.S. Department of Agriculture (USDA) offers several programs to help farmers recover financially from a natural disaster, including but
More information