The farm credit system seems to be holding up during the
down ag economy.
Rod Hebrink is CEO of farm credit institution Compeer Financial.
“The farm credit system is doing very, very well. And I think there are a number of reasons for that. One, all of us have, or at least for those of us who were around through the 80’s still remember that period of time. I think it changed the lending industry in total.”
After the 80’s farm crisis, he tells Brownfield lenders went away from basing loans on assets and instead focused on cash-flow.
Continue reading Farm Credit system holding up in down ag economy at Brownfield Ag News.
