Farmer Mac’s Post

2/2. Agricultural bankers have a unique position to view the true financial stress of producers as they work through operating loan renewals for next year’s crop,” the letter reads. “We ask Congress to provide meaningful economic assistance quickly to ensure the survival of America’s family farms and rural communities.” Today, it was encouraging to see over 60 co-sponsors pressing the House leadership to include the FARM Act emergency relief provisions in the CR. As of press time, this includes the following bipartisan group of Texas delegation members: Monica De La Cruz [R-TX-15], Rep. Vicente Gonzalez [D-TX-34], Rep. Jake Ellzey [R-TX-6], Rep. Troy Nehls [R-TX-22], Rep. Tony Gonzales [R-TX-23], Rep. Henry Cuellar [D-TX-28], Rep. Michael McCaul [R-TX-10], Rep. Pat Fallon [R-TX-4], Rep. Pete Sessions [R-TX-17], Rep. Ronny Jackson [R-TX-13], Rep. John Carter [R-TX-31], Rep. August Pfluger [R-TX-11], Rep. Brian Babin [R-TX-36], Rep. Randy Weber [R-TX-14], Rep. Lance Gooden [R-TX-5], Rep. Marc Veasey [D-TX-33], Rep. Nathaniel Moran [R-TX-1], Rep. Morgan Luttrell [R-TX-8], Rep. Kay Granger [R-TX-12], Rep. Roger Williams [R-TX-25], Rep. Sylvia Garcia [D-TX-29], and Rep. Jasmine Crockett. Thanks to these members for their support. Ag bankers whose members are not on the list are encouraged to reach out to their member and ask them to support FARM Act emergency relief in the Continuing Resolution.

🌡️ Are farmland values cooling down? In 2024, lenders saw a slight increase of 3.8% in farmland values. But moving into 2025, two-thirds of lenders anticipate either no change or a decline in land values. There is optimism in the South and West. Lenders in those areas had a more positive outlook. Access more insights in our 2024 Agricultural Lender Survey Report > https://lnkd.in/eHmq9JtN #AgLending #AgFinance

Brokers, stress the value of succession planning to your farming clients. A well-structured succession plan not only preserves family legacies but also strengthens loan applications with lenders like UK Agricultural Finance. Let's discuss how we can support your client's needs. #SuccessionStrategy #AgricultureBroker

Check out Andrew's latest article on how Sheep and Beef farmers are securing favorable financing results. We have numerous recent instances of successful financing for our sheep and beef farmers in today's market, even though some have faced considerable cash losses in recent years. To learn more, click on the link below. https://lnkd.in/gMgUTa5a

Midwest Farmland Values Flat in the Third Quarter - Farmland values for the 3rd quarter of 2024 nearly the same as 2023, according to the recently published AgLetter findings. Find the report details on the Federal Reserve Bank of Chicago Seventh District states - https://bit.ly/40M8WyY

Brokers, stress the value of succession planning to your farming clients. A well-structured succession plan not only preserves family legacies but also strengthens loan applications with lenders like UK Agricultural Finance. Let's discuss how we can support your client's needs. #SuccessionStrategy #AgricultureBroker

Otama Development – Blackjack Rd Here’s a development we assessed for a 12 lot subdivision of the 104Ha farm at Otama. The full write up can be found here: https://lnkd.in/gUrArmx4 To summarise, we found that the returns on this development would be a good land bank and hold @$4,000,000 exc GST late last year. It was listed @$5,500,000 exc GST at the time, hence unfeasible. As the price has now dropped to $4,995,000 inc GST there may be a deal to be made. As the initial analysis on the website is what we consider first stage “back of the envelope” we doubled back and completed a more comprehensive analysis using EstateMaster. For developments such as this, it is crucial to complete accurate financial modelling which consider the timing of all cashflows as well as cashflow escalations, loan drawdowns, sensitivity analysis and “what if” analysis. If you’re not using a program such as EstateMaster to accurately project the development, you are simply playing with fire. The residual land value, profit, NPV, IRR and break even dates we calculated on this are now within the realm of making a deal at the farmers listed price. If you would like more information on this deal and the analysis, please get in touch ! todd@propertypunts.co.nz

Brokers, stress the value of succession planning to your farming clients. A well-structured succession plan not only preserves family legacies but also strengthens loan applications with lenders like UK Agricultural Finance. Let's discuss how we can support your client's needs. #SuccessionStrategy #AgricultureBroker

Financial stressors are huge in farming, and financial resilience and strategic planning are crucial. Check out my blog post Let's Not Juggle Blindfolded to see resources to help with strategic financial planning on the farm https://lnkd.in/eX5gFWMY #RuralGeorgiaGrowingStronger #UGASSW #UGACAES

USDA Farm Service Agency is making some rule changes to how farm loans operate. If you would like additional information, here is a podcast covering the change and how it will impact farmers. https://lnkd.in/gJ-rXMK5 #farmers #conservation #farmserviceagency #michiganfarmers