Agriculture
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Farm Loan FAQs
June 17, 2020
Categories: Agriculture, Budgeting, Business Banking, Personal Finances, Save Money, Savings, Spending
Have you ever considered a farm loan, but weren’t sure what it involved? Good news - we’ve got the answers! Keep reading to learn more. What is a farm loan used for? A farm loan is for farmers or ranchers who want to purchase, sustain or expand their family farm but aren’t able to get credit elsewhere in order to do so. Read More
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Farm Loans 101
January 15, 2020
Categories: Agriculture, Budgeting, Personal Finances, Save Money, Savings, Spending
“Let us not forget that the cultivation of the earth is the most important labor of man. When tillage begins, other arts will follow. The farmers, therefore, are the founders of civilization” (Daniel Webster). We love our farmers and believe they are the backbone of this nation. If you are new to farming or if it has been in your family for years, it’s important that you know about farm loans. Here are the basics you should be familiar with. FSA When talking about farm Read More
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Ag Financing FAQ’s
November 10, 2016
Categories: Agriculture
Harvest season is finally nearing its end, and the winter snow is soon on its way. These upcoming months will be focused on your livestock, preparing for the spring, and creating a plan for 2017. If the coming year includes expanding your operation, or making some much needed repairs, our experts at Exchange Bank of Northeast Missouri are here to help! With our experienced ag lending services, we offer the answers you need to help your operation continue to grow. Q: What operational Read More
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Cyber Security for Farmers
October 12, 2016
Categories: Agriculture, Cyber Security
Title: Cyber Security for Farmers With the chaos of harvest season, and the daily chores still knocking at the door, the last thing you want to worry about is your operation’s online security! With cybercrime climbing year after year, there are some simple measures you can complete to help make your business more secure. Follow these steps from Exchange Bank of Northeast Missouri and get started today: Only use the internet on a secure connection. A secure connection Read More
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5 Money Lessons You Learn Growing Up on a Farm
October 5, 2016
Categories: Agriculture, Budgeting, General, Savings
Do you remember those late night combine rides, home-cooked suppers, and a chore list a mile long? Living on a farm certainly has its unique experiences! Throughout these childhood memories you learned a variety of lessons, many of which apply to other areas of life – including finance! Patience is a virtue. You quickly found out no matter how much you want it to grow, corn will always take until the fall to reach its full height and dryness. This lesson helped you realize everything Read More
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Soybeans by the Numbers
September 28, 2016
Categories: Agriculture, General
Agriculture is the backbone of Missouri! Top products such as soybeans, corn, and cattle help keep the Show-Me State in the national spotlight! Farmers have found the American dream right here in the Midwest. With over 29 million acres of farm land, you’ll be sure to see the hard-working men and women of agriculture working all across the state! Get to know Missouri’s favorite crop, the soybean, in today’s harvest season blog: Soybeans, also known as Edamame, are a staple in Read More
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Finding Your Farm’s New Home
September 21, 2016
Categories: Agriculture, Mortgages
Searching for your family’s new home can be an exhausting process. Add in the farming criteria for a top notch ag operation, and you may be trying to find a needle in a haystack! If you’re searching for your next real estate purchase, be sure to look for these four things to make the most out of your hunt: Location Whether you’re moving your whole farm, or just scouting out additional acres, the vicinity of the operation is of the upmost importance. Checking Read More
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Find the Perfect Ag Financing for Your Operation
September 15, 2016
Categories: Agriculture, Budgeting
Harvest season has officially begun, and the familiar smell of freshly harvested corn will soon begin to fill the air. As you and your family start working the fields this fall, let your mind wander with all the incredible possibilities of expansion at your operation. Whether it’s through bolstered livestock numbers, or new acres of cropland, our experienced ag lenders at Exchange Bank of Northeast Missouri can help you find the ideal financing option for your family’s business. Equipment Read More