Articles tagged under: loans

AgCountry Cutting Variable Rate Loan Interest Rates

Published November 1, 2019

AgCountry Farm Credit Services is reducing interest rates on variable rate loans starting December 1. According to AgCountry President and CEO Marc Knisely, this move will help better position farmers during the current economic challenges. The decision comes following the…
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FSA Loan Limits Increase

Published April 15, 2019

USDA’s Farm Service Agency has increased limits for direct and guaranteed loans. The Direct Operating Loan limit increased from $300,000 to $400,000 and the Guaranteed Operating Loan limit increases from $1.4 million to $1.75 million. Limits for farm ownership loans…
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FSA Offices Temporarily Reopen

Published January 16, 2019

USDA Farm Service Agency offices temporarily reopened Thursday and Friday. Due to the Martin Luther King Holiday, offices are closed today, but open Tuesday. Services will be limited, with most of the focus on existing farm loans to ensure farmers…
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Farm Credit Loan Volume Up

Published May 8, 2018

Combined net income for the Farm Credit System increased 1.8 percent to $1.27 billion for the first quarter of 2018. Net interest income was $2 billion for the first quarter of 2018, compared to $1.9 billion for the first quarter…
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Little Change Seen in Interest Rates

Published May 7, 2018

Interest expenses for farmers and ranchers have increased slightly. According to the Federal Reserve Bank of Kansas City, the interest rates for most types of farm loans at commercial banks increased between one and one-and-a-half percentage points since 2015. Despite…
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