National Ag News

Farmers are not the only ones concerned about potential cuts to the federal crop insurance program.

Nathan Kauffman, ag economist with the Federal Reserve Bank of Kansas City, says ag lenders have a lot at stake as well.

“When it comes to availability of credit, certainly the ability to limit the downside risk that producers have weighs into the credit decisions,” Kauffman says, “and I think most lenders world require crop insurance, in many places, as part of that risk management profile.”

Kauffman made those comments at a Senate Agriculture Committee hearing on the farm economy.

Continue reading Crop insurance cuts could impact credit availability at Brownfield Ag News.