Ag News

Bankers Seem More Positive On Ag Economy

Statewide Iowa — (IARN) — I feel like a broken record when I start out by saying the “2019 has put a lot of stress on the agriculture industry.” There is no way around it, it is just the fact that we have to face.

Ag lenders are looking at more creative ways to help keep operations solvent in 2020. However, there are some in the banking industry who aren’t quite as down on the current state of the Ag economy.

At the American Bankers Association (ABA) National Ag Bankers Conference, many had a more upbeat outlook on agriculture. A recent survey conducted by the ABA and Farmer Mac shows that nearly sixty percent of bankers feel their farm clients will be profitable in 2020.

To see this story, complete with comments from American Bankers Association Chief Economist Jim Chessen, visit the Iowa Agribusiness Radio Network.

Story and photo courtesy of the Iowa Agribusiness Radio Network