Wisconsin bankers have their voice heard in Washington DC thanks to the American Bankers Association (ABA). They represent 83 percent of all banks nationwide and have agricultural loans in their portfolio. 

Ed Elfmann, Senior Vice President of Agricultural and Rural Banking Policy for ABA explains what lending issues are being brought to his attention and how he is supporting Wisconsin bankers and farmers with the upcoming Farm Bill.

“The biggest thing being brought to our attention right now from a lending standpoint is that commodity prices are high,” says Elfmann. “The other thing that we're hearing a lot in D.C. on rural lending is lack of credit or access to credit.”

Elfmann says they are working with legislators to provide support and help with access to credit going forward. He adds that agriculture has become more expensive over the years and the banking regulations haven’t really paced with how agriculture is growing. 

Wisconsin bankers have their voice heard in Washington DC thanks to the American Bankers Association (ABA). They represent 83 percent of all banks nationwide and have agricultural loans in their portfolio. 
Ed Elfmann, Senior Vice President of Agricultural and Rural Banking Policy for ABA explains what lending issues are being brought to his attention and how he is supporting Wisconsin bankers and farmers with the upcoming Farm Bill.
“The biggest thing being brought to our attention right now from a lending standpoint is that commodity prices are high,” says Elfmann. “The other thing that we're hearing a lot in D.C. on rural lending is lack of credit or access to credit.”
Elfmann says they are working with legislators to provide support and help with access to credit going forward. He adds that agriculture has become more expensive over the years and the banking regulations haven’t really paced with how agriculture is growing.

Join Pam Jahnke for the latest farm news. Heard daily on WOZN 96.7 FM and 1670 AM in Madison Wisconsin from 5-6am. Also heard on affiliate stations all over Wisconsin.

Join Pam Jahnke for the latest farm news. Heard daily on WOZN 96.7 FM and 1670 AM in Madison Wisconsin from 5-6am. Also heard on affiliate stations all over Wisconsin.

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