American Bankers Association

The American Bankers Association told the Senate Agriculture Committee that the government-sponsored Farm Credit System, one of the three major sources of credit for farmers and ranchers, ought to narrow its scope. The FCS was created in 1916 as a borrower-owned co-operative farm lender but …

U.S. farmland values will hold steady or decline somewhat in the near term due to lower grain prices and high production costs, lenders and financial experts told a House Agriculture subcommittee.