The ag lender’s survival guide
Stimulus programs, higher commodity prices, and stronger-than-expected yields have allowed many ag customers to pay back debt and/or bolster their financial position over the last three years. However, inflation, higher interest rates, and global conflicts and disasters continue to wreak havoc on the economy. Farm input costs continue to rise faster than the rise in commodity prices. As monetary policy continues to slow down economic growth, how will this impact ag producers going forward?
In this whitepaper, we examine the current economy and projections for the remainder of 2024. How will inflation, surge pricing, and increasing land values complicate the space for financial institutions offering ag loans?
Download to Learn:
- Overview of current ag lending environment
- Projections for 2024 and the potential impact on ag institutions
- Challenges ag lenders face when assigning credit risk and how to mitigate them