The Pea Protein Market Shift: Why Producer Bankruptcies May Play a Big Role

If you are purely data driven in how you view near-term agriculture market trends, peas don’t seem to have a bright future: production is up 40 percent from a year ago, but prices (of the heavily exported commodity) are the lowest in 20 years, due largely to heavy tariffs imposed by China (35%) and IndiaContinue reading “The Pea Protein Market Shift: Why Producer Bankruptcies May Play a Big Role”

Chapter 12 and the New Capital Gains Tax Rule: More Upside for FSA Lenders in 2020?

Notwithstanding recent good news on China ag commodity purchase commitments, market experts are forecasting continued oversupply and difficult conditions for farmers through the first half of 2020, with the pipeline of new Chapter 12 filings expected to continue unabated, especially for dairy and protein producers. But there’s at least a hypothetical light at the end of theContinue reading “Chapter 12 and the New Capital Gains Tax Rule: More Upside for FSA Lenders in 2020?”

Chapter 12’s New $10 Million Debt Limit: Will Farm Bankruptcy Filings Spike?

Following the enactment of the Family Farmer Relief Act of 2019 in August, there has been endless speculation as to whether the Act’s dramatic increase in the Chapter 12 maximum debt limit—from about $4.4 million to $10 million—would catalyze a spike in Chapter 12 farm bankruptcy filings. Recent agricultural lending and other economic data indicateContinue reading “Chapter 12’s New $10 Million Debt Limit: Will Farm Bankruptcy Filings Spike?”