Agriculture industry

If the no-premium agreement announced by First Horizon and Iberiabank this week is a sign that sellers’ asking prices will come down, then Regions might reconsider its anti-M&A stance, a company executive said.

Maine Harvest Federal Credit Union, which will serve farmers and the food industry, opened this week and aims to make $12 million in loans over the next six years.

Banks are taking back more farmland through foreclosure than at any point in the past three years as low crop prices, epic flooding and the Trump administration’s trade spat with China have left many farmers struggling to pay their debts.

The Unity, Maine-based institution, which should open in the fall, will provide member business loans and other products to local farmers.

Growers Edge is adapting retail financial technology to compete with traditional banks in ag lending and crop insurance.

President says Facebook could face “full banking regulation”; big banks’ farm loan portfolios have shrunk more than 17% since 2015

Farmers were already taking on more debt to cover losses from falling crop prices. New tariffs and other retaliatory moves could hurt ag borrowers further and lead to loan losses and tighter underwriting.

Farm Service Agency staff will have three days to work on existing loan applications and provide tax documents for existing loans.

A recent proposal to allow the government-sponsored enterprise to offer more credit in agricultural regions is deeply flawed.

The impasse has halted grant and loan applications and frozen many farm subsidies just weeks ahead of planting season.

Hostilities toward the legal U.S. cannabis industry are softening considerably, with signs of further removing cash and digital workarounds from a market that has long been shunned by traditional payment cards.

Banks were reluctant to offer services to an industry that had a hazy legal status. That’s about to change.

Lenders fear the agency's rule could make most poultry producers ineligible for 7(a) loans.

Can farmers — and the banks that lend to them — survive Trump's trade war?

The credit union's organizers believe there is a funding gap in the state for agriculture — and they want to fill the void.

Organizers of the credit union believe there is a funding gap in the state for agriculture and want to fill the void.

Harvest is when farmers need funding the most. ProducePay has financed over $850 million of produce in under four years, disrupting traditional finance rules in the farm-to-table process.

Bankers complain that the quasi-governmental system's new program designed to make more residential loans in four states goes well beyond its original mission.

Banks are adjusting loan terms, making use of federal loan guarantees and working with farmers to find new markets, all in an effort to mitigate the damage from a likely drop in soybean exports.

The Senate's farm bill would prevent the July 31 lapse of the National Flood Insurance Program, but it still needs to be debated in conference with the House.