Trump Tariffs Impacting Farmers. Are Your Ag Loans OK?

Trump Trade War Iowa Farmers

Posted on 07/26/2018 at 04:17 PM by Howard Hagen

Since the tariff announcements, soybean futures are down 20 percent and pork futures are declining.  Meanwhile, the Trump administration has announced a three-part plan to help offset the economic uncertainty the trade war is bringing to Iowa’s agriculture industry.

Will it be enough?  As the rapid price changes affect more and more producers, now is the time to protect your bank by buttoning up your agriculture loan files.

The attorneys at Dickinson Law are able to help you find the problems in loan files and deal with the fallout if global turmoil forces distressed farming operations into foreclosure or bankruptcy. Our Avoiding Aggravation in Ag Lending series highlights the items you need to monitor when it comes to agricultural loans.

The material in this blog is not intended, nor should it be construed or relied upon, as legal advice. Please consult with an attorney if specific legal information is needed. 

- Howard Hagen

 

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The material, whether written or oral (including videos) that is posted on the various blogs of Dickinson Law is not intended, nor should it be construed or relied upon, as legal advice. The opinions expressed in the various blog posting are those of the individual author, they may not reflect the opinions of the firm.  Your use of the Dickinson Law blog postings does NOT create an attorney-client relationship between you and Dickinson, Mackaman, Tyler & Hagen, P.C. or any of its attorneys.  If specific legal information is needed, please retain and consult with an attorney of your own selection.

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