The Latest

Events

  1. Illinois: Crop Management Conferences, Jan. 20 – Feb. 10

    January 20 @ 8:00 am - February 10 @ 8:00 am
  2. Texas: National Cotton Council Annual Meeting, Dallas, Feb. 5-7

    February 5 @ 8:00 am - February 7 @ 5:00 pm
  3. Texas: Wild Pig Management Workshop, Luling, Feb. 9

    February 9 @ 8:00 am - 5:00 pm
  4. Ohio: Corn College Workshop, Greenville, Feb. 10

    February 10 @ 8:00 am - 5:00 pm
  5. Arkansas State Agribusiness Conference, Jonesboro, Feb. 10

    February 10 @ 8:00 am - 5:00 pm
  6. Texas: Feed-Grain Marketing Workshop, Amarillo, Feb. 10-11

    February 10 @ 8:00 am - March 11 @ 5:00 pm
  7. West Florida Crops Meeting, Jay, February 11

    February 11 @ 7:45 am - 12:00 pm
  8. Georgia: Ag Business Planning Workshop, Glennville, Feb. 11, 18

    February 11 @ 8:00 am - February 18 @ 5:00 pm
  9. Alabama-Florida Peanut Trade Show, Dothan, February 11

    February 11 @ 8:00 am - 5:00 pm
  10. Four States Agricultural Exposition, Texarkana, Feb. 11

    February 11 @ 8:00 am - 5:00 pm
  11. Ohio: Agronomy Workshops, Wooster, Feb. 15, 16

    February 15 @ 8:00 am - February 16 @ 8:00 am
  12. Louisiana: Irrigation Management Workshop, Marksville, Feb. 16-17

    February 16 @ 8:00 am - February 17 @ 8:00 am
  13. Tennessee: Irrigation Meeting, Somerville, Feb. 16

    February 16 @ 8:00 am - 5:00 pm
  14. Tennessee: Cotton Focus Meeting, Jackson, Feb. 18

    February 18 @ 8:00 am - 5:00 pm
  15. Illinois: Ag Tech Innovation Summit, Champaign, Feb. 18

    February 18 @ 8:00 am - 5:00 pm
  16. Texas: Oil, Gas Leasing Workshop, College Station, Feb. 22

    February 22 @ 8:00 am - 5:00 pm
  17. Texas: Wild Pig Management Workshop, Burnet, Feb. 24

    February 24 @ 8:00 am - 5:00 pm
  18. Virginia: USDA Agricultural Outlook Forum, Arlington, Feb. 25-26

    February 25 @ 8:00 am - February 26 @ 5:00 pm
  19. Georgia: Pest Manager Training, Forsyth, Feb. 25

    February 25 @ 8:00 am - 5:00 pm
  20. Tennessee: Winter Row Crop Marketing Meeting, Mason, Feb. 25

    February 25 @ 8:00 am - 5:00 pm
  21. Texas: Rice Technical Working Group, Galveston, March 1-4

    March 1 @ 8:00 am - March 4 @ 8:00 am
  22. Indiana Small Farm Conference, Danville, March 4-5

    March 4 @ 8:00 am - March 5 @ 5:00 pm
  23. Kansas: 103rd Annual Cattlemen’s Day, Manhattan, March 4

    March 4 @ 8:00 am - 5:00 pm
  24. Kentucky: Integrated Pest Management Training, Princeton, March 2

    March 6 @ 8:00 am
  25. Oklahoma: Irrigation Conference, Woodward, March 8

    March 8 @ 8:00 am - 5:00 pm
  26. Oklahoma: Pecan Management Course, Stillwater, March 8

    March 8 @ 8:00 am - 5:00 pm
  27. Missouri: Free Pesticide Collection Event, Portageville, March 12

    March 12 @ 8:00 am - 5:00 pm
  28. Florida: Carinata Summit, Quincy, March 15-16

    March 15 @ 8:00 am - March 16 @ 5:00 pm

 

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Farm Loan Volumes Rise, Ag Banks Show Best Financials in 3 Years

Debra Ferguson
By Jason Henderson, Omaha Branch Executive, and Maria Akers, Associate Economist - Federal Reserve Bank April 28, 2012

Non-real estate farm loan volumes rose in the first quarter, led by a surge in capital spending that boosted intermediate-term loan volumes. According to loan survey data from the week of Feb. 6, 2012, loans for farm machinery and equipment held at high levels with a sharp jump in the volume of intermediate-term loans made for unspecified purposes. With low cow inventories lifting feeder cattle prices, banks also made larger short-term loans to the livestock sector. However, strong farm income for crop producers kept operating loan volumes relatively flat heading into planting season. Farm loan portfolios at small and mid-sized banks increased by almost a third compared to last year, and farm loan portfolios at large lenders grew by more than 20 percent.

Though loan volumes rose at both large and small agricultural lenders in the first quarter, the composition of their farm loan portfolios varied. Large banks made more intermediate-term loans that were typically rated as moderate risk. Small and mid-sized banks had a larger share of short-term operating and livestock loans that were generally rated as low risk. However, small and mid-size lenders also had a higher concentration of long-term farm real estate loans in their farm loan portfolios compared with large lenders, heightening their exposure to a potential correction in the farmland market.

        
         

Agricultural banks ended 2011 with their best financial performance in three years. The return on assets at agricultural banks in the fourth quarter rose for the second straight year, and annual net income distributions strengthened. Producers paid down debt with elevated farm incomes, reducing delinquency rates and net charge-offs for both farm real estate and non-real estate loans. Bankers reported plenty of funds were available for farm loans at historically low interest rates.

Farmland values continued to climb even with more farmland for sale at year-end. As farmland values soared by as much as 40 percent compared to last year, an increasing number of landowners auctioned off their land holdings. While non-farm investor interest helped keep bidding brisk, farmers remained the main purchasers of farmland, particularly when prices reached record levels.

Read Full PDF Report – Agricultural Fianace Databook, Fed. Reserve of Kansas City

Debra Ferguson
By Jason Henderson, Omaha Branch Executive, and Maria Akers, Associate Economist - Federal Reserve Bank April 28, 2012