Ag Lenders Need To Get On Board With Conservation
By Delta Farm Press
An Environmental Defense Fund report finds that agricultural lenders aren't giving financial credit to farmers who utilize conservation practices.
“Agricultural lenders have a blind spot when it comes to climate risk and the value of farming practices that build resilience,” said Maggie Monast, EDF’s director of working lands. “Loan structures and credit review processes don’t incorporate the value of farmer investments in conservation practices that are known to mitigate weather risks, ultimately undermining long-term resilience and profitability for farmers and lenders alike.”