National Ag News
Growth in loans for young/beginning/small farmers
Jun 27, 2017, 09:46 AM
by
System
The Farm Credit System reports growth in loan numbers for Young, Beginning and Small Farmers in outstanding and new loans in 2016.
Gary Van Meter, director of the Farm Credit Administration office of regulatory policy, says in the Corn Belt lower corn and soybean prices have made it more challenging for young, beginning and small farmers, “The capital needs, et cetera, they may not have the expected income, the margins they would expect to have.
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