Farm lenders are preparing to deal with trade uncertainty this fall. Barry Hanson, Executive Vice President, United Valley Bank, believes calmer heads will prevail. “I think China needs us. Maybe I’m just being naive and hopeful, but I think it will find its way and the market will decide where the crops need to flow, because the population our world is growing. There’s going to be some headaches in the meantime.” Hanson, who is also the North Dakota Credit Review Board chair, says there’s not a large participation in North Dakota’s farm mediation program this year. The North Dakota Department of Agriculture says there were 72 notices for farm mediation, compared to 85 notices one year ago. There’s one ongoing foreclosure in the state.
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