Bank of Montreal Archives

How a major U.S. farm lender left a trail of defaults, lawsuits

By P.J. Huffstutter October 22, 2019

Reading Time: 5 minutes 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 the Chicago-based bank, one of […] Read more

Crops, Markets, Weather

Flexibility available for farmers on FCC loan payments

By GFM Staff June 24, 2019

Reading Time: 2 minutes Farm Credit Canada says it remains willing to work around the various forces majeures standing between its farmer clients and their cash flows this year. The Crown lending agency reiterated Monday it will work with customers “to come up with solutions for their operations on a case-by-case basis” in view of this spring’s weather worries […] Read more

Crops, Guide Business

Farm failures

Big bankruptcies make big headlines, but smaller farms are under pressure too

By Lisa Guenther February 12, 2015

Reading Time: 5 minutes Their names are widely known, including Wigmore Farms, Broadacre Agriculture, Big Sky Farms, BioExx Specialty Proteins, and others. They’re among the high-profile farms and agri-businesses that have shipwrecked in recent years and applied for creditor protection. Each has a story that’s unique, but their stories seem to share a lot of similarities too. The explanations […] Read more

U.S. livestock: CME cattle, hogs firm on winter weather woes

CGC revises domestic canola usage downward

Prairie cash wheat: Bids mostly lower

GFM Network News

U.S. livestock: CME cattle, hogs firm on winter weather woes

CGC revises domestic canola usage downward

Prairie cash wheat: Bids mostly lower

Tag Archives Bank of Montreal

How a major U.S. farm lender left a trail of defaults, lawsuits

Flexibility available for farmers on FCC loan payments

Farm failures

GFM Podcasts

Mid-sized farm strengths, sustainable farm machines, paying a visit to St. Jean farm days, ’Phase One’ deal on deck

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending January 17, 2020.

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