Using Farm Land as Collateral and Assault on Glyphosate

Using Farm Land as Collateral and Assault on Glyphosate

Bob Larson
Bob Larson
From the Ag Information Network, I'm Bob Larson with your Agribusiness Update.

**As margins tighten on farms in 2017, those margins are pushing farmers to turn to lenders in search of additional farm loans.

Ag bankers say using land as collateral can be a viable option, but it's not for everyone.

Chris Floyd, with First National Bank tells the biggest thing is having the appropriate level of debt on that land while keeping payments at a manageable level.

**Used for more than 40 years, regulators and activists are stepping up their assault on glyphosate.

In California starting in July, manufacturers will be required to label Roundup and any other products with glyphosate as a product known to cause cancer. The same labels can be found on red wine, bacon and sunscreen in the state.

The International Agency for Research on Cancer, part of the World Health Organization, released their opinion in 2015 that glyphosate is a probable carcinogen based on past studies, not new research conducted by WHO.

**At a time when people around the world are eating more meat, poultry and dairy products than ever before, American farmers may be losing even ground to Brazil in the race to feed all those animals.

U.S. exports of feed crops already were expected to drop this year as producers in South America and Europe expand sales. But after some lousy weather in the Midwest this year, the harvest yielded soybeans with less protein, a key ingredient that helps build muscle in animals.

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