Market Journal: Ag Lenders Changing Standards

Market Journal: Ag Lenders Changing Standards

June 12, 2009

On this week'sMarket JournalExtension Host Doug Jose talks with Bill Davis, senior vice president and chief credit officer of Farm Credit Services of America, about how ag lenders are changing the standards for borrowing money. A new measure of a farm business's finances is its working capital divided by the gross farm income. Lenders also will be looking at the working capital per acre for grain operations, Davis says. The goal is $200 to $250 per acre.

Other segments on this week's program include:

  • Corn and soybean marketswith Roy Smith, Plattsmouth farmer and marketing consultant;
  • USDA's SURE and other government disaster programswith Gene Gantz, USDA risk management specialist;
  • Why do you farm or ranchwith John Hewlett, University of Wyoming farm and ranch management specialist; and
  • Ag weather update,与阿尔Dutcher, Nebraska state climatologist.

On the next Market Journal on June 19 Paul Burgener, UNL ag economics research analyst, will examine the wheat, dry bean and sugar beet markets. Danny Klinefelter, Texas A&M University Extension economist, shares some observations on the regulation of financial institutions.

Broadcast times

NET1 - Saturday, 7 a.m. CT
NET2 - Sunday, 9 a.m. CT
Dish Network, Channel 9411
Friday, 12:30 p.m. CT
Sunday, 9:30 p.m. CT
Wednesday, 8:30 a.m. CT

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