Insights and Stories on Loans

Oct. 22, 2019 at 1:13 pm CDT

Harrod, Ohio | Reuters — After completing a credit review in a half-hour phone call, a BMO Harris Bank underwriter cleared US$12 million in loans for Ohio corn and soybean producer Greg Kruger in 2013. Kruger had initially asked for a $2 million loan to build a grain elevator. But […]

By P.J. Huffstutter

Sep. 9, 2019 at 8:49 pm CDT

Farm Credit Canada says it plans to help its farmer clients in Atlantic Canada work around financial pressures following Hurricane Dorian’s passage through the region over the weekend. “We won’t know the full extent of damage for some time, but we’ve already heard that some customers will likely be facing […]

By GFM Staff

Jan. 22, 2019 at 7:27 pm CST

Washington | Reuters — The U.S. Department of Agriculture said Tuesday it will reopen all Farm Service Agency offices on Thursday to offer services to farmers and ranchers during the partial government shutdown. Some Farm Service Agency (FSA) offices had been providing limited services since Jan. 17, but the move […]

By Reuters

Jan. 3, 2019 at 4:35 pm CST

Chicago | Reuters — U.S. farmers, already battered by the U.S.-China trade war, are facing increasing anxiety as the partial government shutdown nears the two-week mark, leaving crucial aid and loan payments in limbo. The shutdown has blocked assistance for many farmers, who at this time of year apply for […]

By P.J. Huffstutter

Jun. 1, 2018 at 4:42 am CDT

Chicago/Geneva | Reuters — Canada wants the United States to explain why its lawmakers have made an additional $30 billion available to support U.S. farmers hit by trade woes, and how Washington might distribute the money, according to a document published by the World Trade Organization on Thursday. The questions […]

By P.J. Huffstutter, Tom Miles