Growing with growers since 1946
  • January 15th 2009 Issue
  • Expect tighter ag lending

    The more a bank loans to one client, the less there will be for others.

    How much credit do you really need? It’s a question lenders are asking growers after a year of strong growth in agricultural lending and relatively strong crop prices that have delivered healthy returns to growers. Distinct from the squeeze on credit that’s hit other sectors of the economy, the limits growers face will force them to make the most of their profits and pay closer attention to cash flows. “Our agricultural business and agricultural clients have never really had better economic times, so really our credit quality as it relates to agribusiness sector is really quite good,” said Tom Robbert, […]

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