loans Archives | Page 2 of 2

File photo of a northern Illinois farmstead. (KSchulze/iStock/Getty Images)

As loans and aid dry up, U.S. farmers face fresh challenge from shutdown

By P.J. Huffstutter January 3, 2019

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 federal loans as they pay […] Read more

Canada to U.S.: Explain that farm spending war chest

By P.J. Huffstutter, Tom Miles June 1, 2018

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 come amid growing trade tensions […] Read more

Livestock

Brazil police probe loans to JBS

By Lisandra Paraguassu, Pedro Fonseca May 12, 2017

Brasilia | Reuters — Brazil federal police are investigating suspected fraud in loans by state development bank BNDES to JBS SA, a police source said on Friday, sending shares of the world’s largest meat processor lower after a series of scandals. Separately, police said earlier on Friday they would detain 37 people for questioning and […] Read more

Brazil court probing state-backed loans to JBS

By Caroline Stauffer November 27, 2015

Sao Paulo | Reuters — Brazil’s federal accounts court, the TCU, said it had identified irregularities on loans to JBS SA, the world’s largest beef producer, and is deepening an investigation into the company’s relationship with state-run lender BNDES. The TCU is probing loans used to purchase U.S.-companies Swift and Co, for about US$225 million […] Read more

Crops

FCC to offer breaks on loans in Sask., Alta.

By Farmtario Staff July 13, 2015

Customers of Farm Credit Canada in parched areas of Alberta and Saskatchewan may be able to get breaks on their outstanding loan payments. FCC on Monday announced it would work with affected customers on “solutions for their operation(s)” such as deferral of principal payments and/or otherwise amending their loan payment schedules. The offer applies to […] Read more

Livestock, Markets

FCC, BMO offer breaks on loans to poultry farmers

By Farmtario Staff January 2, 2015

Poultry producers up against direct impacts from avian influenza outbreaks at farms in British Columbia’s Fraser Valley may be able to get breaks on their outstanding loans with some lenders. Farm Credit Canada (FCC) and BMO Bank of Montreal both recently announced they may grant affected customers some leeway on payments. FCC said it “will […] Read more

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