Farmer Mac

🚜 Navigating the Next Agriculture Cycle Requires Changes in Credit and Financial Culture 🌾

According to Dr. David Kohl’s latest article for Farmer Mac, the recent economic shifts — marked by low prices, high costs, and elevated interest rates — will require ag lenders and borrowers to adapt, communicate openly, and work together to navigate these turbulent waters. Access the article▶️https://www.farmermac.com/wp-content/uploads/Daves-GPS-2024-09-26.pdf

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🌍 Farmer Mac is driving sustainability in agriculture.

At Farmer Mac, we’re dedicated to making financing more accessible for American agriculture and rural infrastructure.

As members of the Agriculture Finance Sustainability Coalition, we recently met with the U.S. Environmental Protection Agency, U.S. Department of Agriculture, and other key stakeholders at the White House.

Our goal? To ensure farmers exploring sustainable options have the financial resources they need for long-term success.

By addressing financial challenges and developing innovative solutions, we're helping farmers thrive while promoting sustainable practices and technologies. We believe these efforts will drive economic opportunity and prosperity across rural America.

A special thank you to Todd Batta, VP of Government Affairs, and Jackson Takach, VP of Strategy, Research, and Analysis, for representing Farmer Mac at this crucial meeting.

🚜 Farm Machinery Demand Drops: A Warning Sign for Farm Incomes? ⚠️

Farmers are cutting costs amid a projected decline in farm incomes, leading to reduced demand for new machinery. Major manufacturers like John Deere are feeling the impact, with significant drops in their earnings forecasts.

Our latest expert analysis explores this possible indicator ahead of the USDA’s September farm income forecast. See the full effects: 🔗 https://www.farmermac.com/thefeed/weak-machinery-demand-may-be-a-farm-income-canary/

Weak Machinery Demand May Be a Farm Income Canary - Farmer Mac Weak Machinery Demand May Be a Farm Income Canary Farm Economy This year's projected decline in farm incomes has incentivized producers to cut costs, including on farm machinery. Farm machinery manufacturers have proactively responded to this development, cutting both their output capacity and outlo...

Attention ag lenders: It's not too late for you and your colleagues to join a Road Show stop!

Learn how Farmer Mac's secondary market can help your financial institution attract and retain your farm and ranch customers. Plus! Join us for a networking lunch - on us.

Space is running out! Save your seat ▶️ https://cvent.me/5Q2MvR

🏠 Excited to share that Farmer Mac has a new home! Our commitment to a dynamic and supportive workplace is reflected in our new headquarters.

Designed to foster collaboration, innovation, and well-being, our new office features spaces tailored to individual work styles and complements our innovative "Presence with Purpose" hybrid work model.

From natural building materials, soft lighting, and advanced ventilation, we considered every detail of the office to promote employee well-being and sustainable design principles. For these efforts, we are seeking LEED and WELL certifications.

We're proud to prioritize the well-being of our team, who are committed to our vision to drive economic opportunity and prosperity for agricultural and rural America.

Farmer Mac is committed to inspiring the next generation to have successful careers in agriculture, business, and finance.

One significant way we do that is by being a proud supporter of Common Good City Farm, a Washington, D.C., nonprofit organization that provides fresh produce, education, and employment opportunities. Since 2017, we have championed their mission to create a vibrant, healthy, and equitable food system for all.

Last month, our vice president of government affairs, Todd Batta, and our assistant treasurer, Mike Schmid, held a session on personal finance with over 20 students from their summer program. The session was part of a series of workshops on urban farming, business development, and finance that prepare the students for their project of launching a hot sauce product crafted from farm-grown crops.

Common Good City Farm's work and the students' skill-building inspire us. We look forward to seeing the results of their hard work and creativity.

Could agricultural banks see a new wave of loan demand in the coming year?

Farmer Mac economists review key indicators that ag loan activities may increase in the coming years and that banks may need to prepare.

The Great Refinancing is Over. Can Ag Banks Expect a Rebound? - Farmer Mac The Great Refinancing is Over. Can Ag Banks Expect a Rebound? Farm Economy Long-term interest rates dropped to historically low levels from 2020 through 2022 in the wake of the Federal Reserve broadly loosening monetary policy. Many borrowers took advantage of this by either refinancing existing deb...

We are hitting the road again for our popular Road Show! 🚙

Don't miss this chance to network and discuss how we can support your success in the agricultural market and, together, accelerate rural opportunities.

Join us at a town near you. Save your seat ▶️ https://cvent.me/5Q2MvR

🌟 Happy National Intern Day! 🌟

At Farmer Mac, we believe in nurturing the next generation of talent. Our incredible interns have already made an impact on our mission, and we’re so proud of their contributions.

Thank you to our amazing interns for your hard work and dedication! 🙌

Ag producers are facing lower commodity prices, increased operating costs, and high interest rates. Dr. Dave Kohl is back with another webinar to discuss insights from the first half of 2024 and what it means for the rest of the year. Save your place in this July 11 webinar.

Welcome! You are invited to join a meeting: Farmer Mac - Dr. Dave Kohl’s Ag Lending Midyear Report. After registering, you will receive a confirmation email about joining the meeting. From wars, elections, and global weather patterns, world events in 2024 are leading to rapid changes in sanctions, tariffs, and trade negotiations – creating volatility and uncertainty. Toss in the triple threat of lower prices, elevated costs, and stubbornly high interest rates, which can result ...

How is ag lending halfway through 2024? Dr. Dave Kohl explains how world events could be affecting your customer’s businesses and your portfolio. Save your spot in this July 11 webinar.

Welcome! You are invited to join a meeting: Farmer Mac - Dr. Dave Kohl’s Ag Lending Midyear Report. After registering, you will receive a confirmation email about joining the meeting. From wars, elections, and global weather patterns, world events in 2024 are leading to rapid changes in sanctions, tariffs, and trade negotiations – creating volatility and uncertainty. Toss in the triple threat of lower prices, elevated costs, and stubbornly high interest rates, which can result ...

This Independence Day, let's celebrate the American spirit and the freedom to build a brighter future for generations to come. At Farmer Mac, we are committed to creating economic opportunities and prosperity for rural America — benefiting the entire country. Let's come together as one nation to honor our brave Founders on this special day.

Farmer Mac is honored that the The Washington Post has awarded our supportive and inclusive culture and team, who are dedicated to our vital mission. This is our 12th overall award issued by the Top Workplaces program, and our first specific to the D.C. region.

Big thanks to Brad Nordholm (CEO) and Chip Schmalz (Director of Talent Acquisition and Development) for representing us at the awards celebration.

We’re thrilled to announce we've been named a D.C.-region Top Workplace by the Washington Post!

Every employee at Farmer Mac plays a vital part in nurturing a supportive culture that drives our mission forward. We thank and celebrate all of them.

See more ▶️ https://bit.ly/4bdc0Wn

Today, we celebrate Juneteenth, the date that commemorates the news of freedom finally reaching all enslaved people in America. It serves as a reminder that true success isn’t achieved until everyone is included.

That principle is just one reason why Farmer Mac is committed to fostering a strong culture built on inclusion, collaboration, and mutual respect. We wish everyone a reflective and joyous Juneteenth.

There is a growing global appetite for almonds. But will demand keep pace with the larger forecasted supply?

Our economists offer insights on what producers might expect in the coming year. Access The Feed by Farmer Mac ➡️ https://bit.ly/3VEONIg

We brought together industry leaders to discuss the challenges and opportunities facing rural America at the 2024 Farmer Mac Forum: Food, Agribusiness & Rural Infrastructure.

Thank you to everyone who joined us and made this event a success. Our sincerest gratitude to our esteemed speakers, Agriculture Secretary Tom Vilsack, Amy Walter of The Cook Political Report, and Farmer Mac Chief Economist Jackson Takach for their indispensable insights in this pivotal election year.

Significant interest rate cuts many were anticipating in 2024 are looking less likely due to a surprisingly strong U.S. economy. Our economists investigate what that scenario could mean for agricultural trade this year—and for American producers—in the latest article from The Feed. https://bit.ly/3R5X19y

At Farmer Mac, we believe that analysis of emerging trends is vital to prepare for the future. Stay informed on the global trends that may impact the U.S. ag industry in the years to come with Dr. David M. Kohl’s latest issue of Dave’s GPS, exclusively via Farmer Mac: https://bit.ly/3KeoBgX

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Using recently-released 2022 Ag Census data, we’ve developed an interactive tool that allows you to view historical farmland cash rates and land values across the country. Our economists are investigating some of the surprising geographical trends apparent in the data. Explore this data now in The Feed: https://bit.ly/3UX7uXb

Farmer Mac was honored to ring the New York Stock Exchange Opening Bell today, as we celebrate our 25th year of being listed on the exchange since June of 1999. This exciting milestone is a testament to our enduring mission and the significant impact we’ve had in supporting American agriculture and rural infrastructure over the years. Watch the video here! https://bit.ly/4bocUAy

We warmly welcome Jeffrey L. Plagge and Kevin G. Riel to our Board of Directors! Their experience complements our board’s insight and dedication to our mission as we continue to drive economic opportunity and prosperity by strengthening and connecting rural America. Read our press release here: https://bit.ly/3wEVEI2

Farmer Mac Declares Quarterly Dividends, Announces Intent to Redeem Series C Preferred Stock https://bit.ly/4dGWeFO

Farmer Mac Reports First Quarter 2024 Results.

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Ag borrowers carefully select their loan products and have lately been shifting to variable rate products, as highlighted in a recent analysis from Purdue University (Purdue Center for Commercial Agriculture) using Farmer Mac data. We offer a wide range of short- and long-term financing options that can help lenders and their ag customers choose the options that work best for them in any interest rate environment.

Interest Rate Dilemma – Fixed or Variable - Center for Commercial Agriculture The current farm demand for long-term loan products seems to suggest some farm borrowers are anticipating lower future interest rates. Farm borrowers should carefully consider their exposure to interest rate changes when choosing long-term loan products.