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Farm Credit System Faces Cash Calls as Loans See Losses
The Farm Credit System, the largest U.S. farm lending network, posts record loan losses and raises rates for remaining borrowers while some stock is frozen. Regulators call it growing pains from modernization. lawmakers warn farmers shoulder the burden as districts like Spokane and Omaha may need capital infusions to reach break even.
MENTIONED IN THIS ARTICLE
Washington
Omaha Federal Land Bank
Omaha
Cooper Evans
Lowa
Evans
Pcas
Arian Stangeland
R-Mino
Farm Credit Administration
Congress
Roger Stromberg
Farm Credit
U.S
Land Bank
PCA
New York
Spokane
Wash
FCA
Donald E. Wilkinson