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Senate Marks Up the 2013 Farm Bill

  • May 21, 2013
    blog

    Perspectives on U.S. Farm Debt

    There is considerable discussion among agricultural economists and lenders concerning the status and trends of U.S. farm debt. Let’s dig deeper into the subject and provide perspective....More
  • May 21, 2013
    blog

    Farmers’ Share of Losses

    With the farm bill in what could be the final stages before vote, there’s still some talk of cutting crop insurance subsidies. This led Tom Zacharias, president of National Crop Insurance Services to point out that before farmers received a dime in crop insurance indemnity payments, they had shouldered $12.7 billion in losses as part of their deductibles to crop insurance policies. In addition, the premiums paid by farmers totaled $4.1 billion – bringing their share of the disaster to $16.8 billion....More
  • May 16, 2013
    blog

    How Do You Define Success?

    Some define success as the long-term succession of your kids at the farm. Albert Schweitzer defined success as loving what you do. How you treat others, from family to strangers, is Barbara Bush's definition of success....More
  • May 14, 2013
    blog

    Shock and Stress Testing: Analysis by Lenders

    One of the major financial shock tests that a lender must perform concerns concentration of credit. Regulators and oversight specialists are very concerned about this component as agriculture consolidates with fewer producers generating more of the revenue and carrying a larger proportion of the debt....More
  • May 7, 2013
    blog

    Financial Shock and Stress Testing

    The other day a young producer was concerned because he had difficulty obtaining his operating loan for yearly operations. He stated that the lender performed financial shock tests that raised concerns about his financial status. Let’s examine some of the financial shock tests that are top of mind with your lender, and particularly the regulators that provide oversight on agricultural loans....More
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