Rural Mainstreet: Farm Loans Hit Record High

Bankers reported that borrowing soared among farmers. “We feel that all our farmers have sufficient equity and determination to survive the current downturn in the farm economy.”

Banks are more willing to lend this year than they were last. The rate of rejection has fallen from 35.3 percent in 2016 to 30.6 percent this year. Almost a third of bank CEOs reported no change in lending stemming from weak farm income.

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Dealer News

This article helps you up with dealers announcing consolidation moves: Schuneman Equipment Co., James River Equipment, Larson’s and Kibble Equipment, Pattison Agriculture, Nykolaishen Farm Equipment, William Nobbe and Company Inc. Also details on EDA announcement of a new board member.

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Member Directory: Get in Touch

Your company received an email from the Association recently asking you to update your listing for our membership directory. If we haven’t heard from you, we’ll be in touch again soon. We’re beginning production of the print directory, which is naturally on a more structured schedule than the continuously updated digital edition.

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