Profitability


Nov. 23, 2022

by FBN Network

Whether you’re planning to expand your operation with a new land purchase, refinance your farm or make improvements to your ranch, the FBN Finance team is ready to help you secure the funding you need to build a stronger financial future.  Get customized financing for your FBN Finance farm land loan in five straightforward steps:  1. Apply in Minutes Complete the brief FBN Finance land loan application securely online or contact a member of our advisory team for additional support. With an average of 15+ years in Ag finance, our loan advisors are dedicated to helping family farmers and happy to use their experience to help guide you. Once submitted, you can track the progress of your application as it is reviewed by our team.  [READY TO GET STARTED? See the FBN Finance land loan application here.]  2. Upload Your Supporting Documents With a guided process to help you complete the submission process more easily and quickly, our secure system will walk you through your necessary document uploads.  3. Receive a Decision Next, our dedicated FBN Finance loan advisors will review your application and determine your approval in as little as 48 hours.  [ ESTIMATE YOUR PAYMENTS : Use the FBN Finance Land Loan Payment Calculator to estimate your potential land loan payments.] 4. Value Your Farm Land If your application and documents are approved, an appraiser will then assess the value of your land. Note that your operation must have a minimum of 10 acres to be eligible for a land loan from FBN Finance.  5. Get Funded Once your farm land appraisal is complete, you’ll secure your land loan interest rate, sign the final documents, and receive your loan funding. [CURRENT RATES: Click here to see the latest FBN Finance farm land loan rates.] Plan Ahead by Estimating Your Land Loan Payments At FBN , our goal is to always put Farmers First® by helping you maximize your operation’s ROI and secure a stronger financial future. Our farm land loan calculator brings actionable transparency and visibility to estimated rates and fees up front to help you better understand your options for buying farm land.   The farm land loan calculator empowers you to compare different loans before purchasing your land to see which options will best suit your operation. The feature will ask you a few simple questions, including your desired loan amount (minimum of $75,000) , estimated land value and credit score, before delivering an estimate of your semi-annual or annual loan payments based on your information and current rates. You’re always welcome to contact an FBN Finance advisor with any questions or for more information on land loans from FBN Finance.  Ready to apply for a land loan? Click here to start your application or complete the form below to have a member of our FBN Finance team guide you through the process.  Copyright © 2014 - 2022 Farmer's Business Network, Inc. All rights Reserved. The sprout logo, and “FBN” are trademarks, registered trademarks or service marks of Farmer's Business Network, Inc.  Terms and conditions apply. Land financing offered by FBN Finance, LLC, provided in connection with Farmer Mac and our underwriting partners, and is available only where FBN Finance, LLC is licensed. To qualify, a borrower must be a member of Farmer’s Business Network, Inc., and meet the underwriting requirements of FBN Finance, LLC and its lending partners. All credit is subject to approval and underwriting. Interest rates and fees will vary depending on your individual situation. Not all applicants will qualify.


Nov. 19, 2022

by FBN Network

With a Farmers First® mindset at the forefront of everything we do at FBN®, we developed our new Farm Land Loan Calculator to bring much needed transparency to the typically ambiguous farm land loan process. By estimating rates and fees up front, the free calculator helps you effectively plan and strategize your financial options for future land purchases, which can include farms, ranches, timberland, and hunting land. Compare different loan options prior to a land purchase to determine which path forward will work best for your Ag operation.  [READ: How We Made Calculating Farmland Payments Easier Than Ever] How to Estimate Land Loan Payments To estimate your land loan payments with FBN Finance, use the Farm Land Loan Calculator by:  1. Answering a few questions to provide basic information about your loan, including:  Your desired loan amount (minimum of $75,000 required) Estimated land value and acreage (minimum of 10 acres required) Your credit score 2. Receiving an estimate of your semi-annual or annual loan payments based on the information you provided and our current rates at FBN Finance . To proactively calculate your farm land loan payments and determine the best financial option for your farm, try the Farm Land Loan Calculator here or complete the form below to contact an FBN Finance advisor for further assistance. Farm Land Loans from FBN Finance At FBN , our team strives to put Farmers First by helping you secure a successful financial future for your Ag operation. Whether you’re planning to expand your operation with a new land purchase, refinance your farm or make improvements to your ranch, the FBN Finance team is ready to help you secure the funding you need to build a stronger financial future. Learn more about our farm land loan options here.  Copyright © 2014 - 2022 Farmer's Business Network, Inc. All rights Reserved. The sprout logo, and “FBN” are trademarks, registered trademarks or service marks of Farmer's Business Network, Inc.  Terms and conditions apply. Land financing offered by FBN Finance, LLC, provided in connection with Farmer Mac and our underwriting partners, and is available only where FBN Finance, LLC is licensed. To qualify, a borrower must be a member of Farmer’s Business Network, Inc., and meet the underwriting requirements of FBN Finance, LLC and its lending partners. All credit is subject to approval and underwriting. Interest rates and fees will vary depending on your individual situation. Not all applicants will qualify.


Since its founding, FBN® has revolutionized the Ag sector by using innovative technology to improve data transparency and accessibility, and streamline the online shopping experience for farmers and ranchers.  Now we’re applying that same innovative approach to our crop and livestock insurance coverage. Guided by a Farmers First® mindset, our goal is to build technology that makes our policyholders’ lives easier and our insurance agents even more effective.  FBN Insurance 2022 Tech Advancements  Improved Acreage Reporting Tool We spent the first half of 2022 working on the initial launch of an improved, increasingly efficient acreage reporting tool. Designed to provide a simpler, more streamlined acreage report generation experience by leveraging a farmer’s precision data and policy information, progress on this project will continue into 2023.  PRF & Apiculture Insurance Risk Management Decision Tool In the second half of the year, our team developed a Pasture, Rangeland and Forage and Apiculture Insurance Risk Management Decision Tool . This proprietary tool empowers our agents with the unmatched ability to optimize our policyholders’ coverage to fit their needs. By taking into account the producer’s personal preferences and risk tolerance, the tool delivers a customized solution designed to fit the producer’s unique operational requirements. Get a Sneak Peek at Upcoming 2023 Insurance Tech Launches We’ll be sharing an exciting sneak peek of future insurance technology launches to attendees at the upcoming FBN Farmer2Farmer (F2F) event this month. With interactive mockups of our next project — which is already in the works! — ready to share at F2F, we’d love to hear what you like, what you don’t like, and how we can improve our designs directly from the expert: you.  Our FBN insurance customers will get front row seats to see the new tools we’re going to build in the coming year, both directly for our customer facing tools and indirectly through the improvements our technology will provide for our agents. Interested in using these new tools and seeing how they can help you better protect your operation? With almost 600 years of collective experience and a deep understanding of the Ag sector, our FBN insurance agents are ready to personally guide you through the process. Reach out to one of our agents today by clicking here or filling out the form below!  Copyright © 2014 - 2022 Farmer's Business Network, Inc. All rights Reserved. The sprout logo, “Farmers Business Network”, “FBN”, are trademarks, registered trademarks or service marks of Farmer's Business Network, Inc. We are an Equal Opportunity Provider. FBN Insurance services are offered by FBN Insurance LLC (dba FBN Insurance Solutions Services LLC in Texas, and FBN Insurance Solutions LLC in California and Michigan). FBN Crop Insurance is currently offered in all U.S. states.


Nov. 17, 2022

by FBN Network

[Do you know what your farmland is worth? Unlock the free Illinois Farmland Values Report from the FBN® Research team today.] Fueled by high commodity prices and low interest rates, U.S. farmland prices increased at a record pace in late 2021 through the first half of 2022. The end of fall harvest ushers in the peak season of farmland buying and selling. Will farmland values continue to climb this year?  While it is impossible to forecast precisely how these factors will play out in future months, there are a few key trends in farmland values that will continue to shape the farmland marketplace. Increasing Farmland Valuation Trends: With high commodity prices and government payments augmenting farm income, American farmers had more cash savings available to buy more land, thus escalating farmland values.  Historically low interest rates for land loans enabled farmers to obtain larger loans to purchase more land.  Low interest rates for bonds and treasuries, which were below inflation, meant that those alternative investments were less attractive, while farmland as an investment asset quickly became more appealing for farmers. Current mortgage rates are still below inflation, which is typically associated with positive increases in farmland values. (See the Farmland at Risk: An FBN Special Report for more information on these trends.)  Persistently high inflation makes farmland an attractive hedge due to its historical capacity to increase value during inflationary periods.  Decreasing Farmland Valuation Trends:  Since the start of 2022, the Fed interest rate has increased from 0.08% in January to 3.08% in October. This is one of the sharpest interest rate increases in a generation.  Higher interest rates generally reduce the attractiveness, and therefore value, of any risk-based asset class as risk-free alternatives become more attractive from a return and price-to-earnings perspective.  Agricultural production costs have increased substantially, primarily mainly by higher fuel and fertilizer costs. (See the 2022 FBN Fall Fertilizer Price Transparency Report for more information on these price increases and related fertilizer usage trends).  High costs reduce farm profits, which could slow the upward momentum in farmland values.  Illinois as a State-specific Case Study Illinois farmland prices surged to record levels in 2021 and early 2022, with an above average volume of higher-quality parcels for sale in some regions. Across most of the state, the price of parcels with excellent-quality soil grew at a faster pace than parcels with lower-quality soils. This period also boasted a record-high farmland acreage sales volume, with many sales happening even with crops still standing in the field. Though it is still early, trends in the data from the first part of 2022 may signal what’s to come. To date in 2022, farmland sales volume on an acreage basis is lower than 2021 figures and closer to the average of previous years. That may indicate that farmland owners tempted to sell by high prices did so already, and volume is now returning to average levels. However, decreasing sales volume does not necessarily signal decreasing prices. In fact, sales for the first part of 2022 indicate a slight increase in farmland prices for lower quality soils and similar prices for high quality soils, using the Illinois Soil Productivity Index (ILPI) as a measure of relative quality.  This may indicate that earlier increases in farmland values have now spread to lower- and middle quality farmland. Importantly, observed trends vary significantly across the state. District-level analysis is essential for understanding how soil quality, yield, and farm production revenue shapes trends in farmland values. For more insights into the current state of farmland valuation in Illinois, including statewide and regional trends, download the latest report from the FBN Research team. Based on soil quality data, land productivity analysis, historical ag yield data, and real estate transaction records, the team provides expert analysis around the current land values throughout nine Illinois regions. Fill out the form below or click here to unlock the free report .  Copyright © 2014 - 2022 Farmer's Business Network, Inc. All rights Reserved. The sprout logo, and “FBN” are trademarks, registered trademarks or service marks of Farmer's Business Network, Inc.  The material provided is for information purposes only. It is not intended to be a substitute for specific investment, business or any other professional advice. Neither Farmer’s Business Network, Inc. nor any of its affiliates makes any representations or warranties, express or implied, as to the accuracy or completeness of the statements or any information contained in the material and any liability therefore is expressly disclaimed.


Nov. 11, 2022

by FBN Network

Do you know how much your farmland is worth?  FBN®’s latest publication, the Illinois Farmland Values Report (Fall 2022) , provides timely, data-driven insights about Illinois land markets and valuations to empower you in future farmland transactions both in Illinois and other states.  Unlike any other land valuation publication, FBN ’s new report delivers deep insights into broad U.S. market conditions based on multiple data points, including:  Soil quality Land productivity Historical ag yield data  Real estate transaction records The report is the first in a new series of biannual FBN reports that will be published for a wide swath of U.S. states in the coming months. Because land values change over time, it’s important for farmers to have access to the most timely data available to make informed, effective decisions for their operation.  By downloading the free report, you’ll unlock access to expert analysis on potential land valuations for farms within nine different Illinois regions to compare to your own local and state land market. The Illinois Farmland Values Report (Fall 2022) includes regionally specific data for the following areas:  Eastern Illinois East Southeastern Illinois Northeastern Illinois Northwestern Illinois Southeastern Illinois Southwestern Illinois Western Illinois West Southwestern Illinois Central Illinois Farmland is an essential asset for most farmers in terms of value and importance for their long-term success. At FBN , our team of data scientists and appraisers puts Farmers First® by continuously monitoring the farmland market to provide transparent, timely and actionable insights. We believe that delivering trusted reporting is essential to creating a better farmland marketplace that’s more fair for farmers — whether buying, selling, or refinancing.  Unlock the Free Report Fill out the form below to get your free copy today and unlock access to expert analysis.  (Members can also access this report and other recent expert analysis in the Reports section of the FBN app.) Copyright © 2014 - 2022 Farmer's Business Network, Inc. All rights Reserved. The sprout logo, “FBN”, and "Farmers First" are trademarks, registered trademarks or service marks of Farmer's Business Network, Inc.  The material provided is for information purposes only. It is not intended to be a substitute for specific investment, business or any other professional advice. Neither Farmer’s Business Network, Inc. nor any of its affiliates makes any representations or warranties, express or implied, as to the accuracy or completeness of the statements or any information contained in the material and any liability therefore is expressly disclaimed.


Nov. 10, 2022

by FBN Network

For veterans who are interested in information about farm related financial programs, we’ve compiled a list of great resources that may help your operation.  Financial resources Grant and loan programs for military veterans provide vital resources for beginning farmers and ranchers. How to Buy Land as a Beginning Farmer Beginning Farmers and Ranchers Loans for Veterans Farm Service Agency Direct Farm Ownership Loans Department of Veteran Affairs Farm Loans: Home Loans for Rural Residents Educational and training resources The USDA and numerous partners offer agricultural education and programs to help veterans gain the knowledge essential for success. Alternative Farming Systems:Sustainable Agriculture Education and Training Directory Farmer Veteran Coalition Education Veterans To Farmers Business planning resources Financial and business planning courses can significantly help military veteran farmers establish and maintain successful farming or ranching businesses. Land Stewardship Project: Farm Beginnings Class Farm Business Planning Online Course Beginning Farmers: Military Veteran Farmer Training  From all of us at Farmers Business Network: Thank you for your service. Disclaimer: The material provided is for educational purposes only. It is not intended to be a substitute for specific individualized tax, business, legal, investment or professional advice. Where specific advice is necessary or appropriate, consult with a qualified tax advisor, CPA, financial planner, or investment manager. Neither Farmer's Business Network, Inc. nor any of its affiliates makes any representations or warranties, express or implied, as to the accuracy or completeness of the statements or any information contained in the material and any liability therefore is expressly disclaimed. Financing offered by FBN Finance, LLC and its lending partners. Terms and conditions apply. To qualify, a borrower must be a member of Farmer’s Business Network, Inc. and meet all underwriting requirements. Interest rates and fees will vary depending on your individual situation. Not all applicants will qualify. Copyright © 2014 - 2022 Farmer's Business Network, Inc. All rights Reserved. 


Nov. 10, 2022

by TJ Wilson

As we approach the end of 2022 and look ahead to the upcoming 2023 season, now is the time to keep a few key financial considerations in mind.  1. 2023 Crop Year Planning   It’s never too early to start reviewing projected cash flows for the next crop year and making financial plans around those expectations. Strategizing your plan for the next year will enable you to start working proactively on a number of other financial actions on this list and be more prepared as you work on each of those items.  Getting your plan together early will also help you plan your future input purchases , implement hedging strategies, and understand how much working capital you will need for the upcoming season.  [STRATEGIZE: Get greater control of your crop input plan with the new FBN® Acre Pack online crop planning tool.] 2. Operating Loan Renewals & Interest Rates  Operating line renewals are just around the corner. In the current volatile environment, producers should be proactive in securing their lines of credit earlier. Input prices are still elevated and the need for a larger line of credit is very real this year, especially with the potential timing of purchases.  As producers renew and/or expand their operating lines, they should also keep a close eye on their interest rate and the structure of that rate. The Federal Reserve is anticipated to implement additional interest rate increases by the end of the year . This will have a direct impact on the borrowing rates of operating lines, so producers should consider getting rates locked in now. When working on your line of credit for the upcoming year, having your crop plan already put together will facilitate that process to ensure you get the borrowing capacity and flexibility you need from the start.  [LEARN MORE: Apply online to get your FBN approval decision instantly, with rates starting at 5.78%] 3. Evaluating Working Capital Needs and Risk Management Plans   Reviewing your working capital position is a constant on an operation. Cash is always king.  As we approach year’s end, it is important to know your working capital needs for the remainder of the year and going into the spring. Understanding your working capital needs and position allows you to make better informed decisions regarding input purchases and commodity sales.  Working capital also plays a key role in the evaluation and implementation of a risk management plan for the coming year. Depending on the risk management strategy you use, it can cause a strain on working capital. By this time, you have likely done your crop plan for the next year and have a good understanding of what your input costs will be if you haven’t already locked them in. Now it is time to figure out how you will protect your investment.  Understanding your cost of production will allow you to start making decisions around implementing your risk management plan.  [WATCH: Working Capital and Farm Risk Management] 4. Locking in Input Supply  Last year, we saw major challenges with the supply chain and producers being able to get their hands on supply. Being proactive and locking in supply early this year will be very important.  This applies not only to locking in prices, but also to securing deliveries and taking possession of products while they are readily available. Suppliers are also looking to lock in their supply this year, so working with them early will help in securing both a competitive price and the ability to guarantee a supply.  [LISTEN: Special FBN® Podcast: The State of the Global Supply Chain in 2021] 5. Tax Planning   With commodity prices at their current levels this year, many producers will want to be more proactive in their year end tax planning . Does it make sense to prepay input, defer income, make improvements, or upgrade equipment, for example?  Because every operation is different, it’s important to work with your accountant to plan for your operation’s unique situation. It is never too early to start having these conversations with your accountant and planning ahead.  [ READ: It’s Tax Season. Here Are 5 Ways Farmers Can Get Ready. ] Copyright © 2014 - 2022 Farmer's Business Network, Inc. All rights Reserved. The sprout logo and “FBN” are trademarks or registered trademarks of Farmer's Business Network, Inc. Financing offered by FBN Finance, LLC and its lending partners. Terms and conditions apply. To qualify, a borrower must be a member of Farmer’s Business Network, Inc. and meet all underwriting requirements. Interest rates and fees will vary depending on your individual situation. Not all applicants will qualify.


Article FBN Network

How to Order Inputs on FBN.com

Nov. 09, 2022

by FBN Network

Take control of your inputs by purchasing through FBN.com in just a few easy steps. Here’s how the process works:  1. Search for Inputs  Using the search bar located at the top of the page, type in the name of the product you’re interested in purchasing.  2. Find What You Need Review the suggested product results and select the product that fits your needs.  3. Order with Confidence  Read through the product page to find more detailed information on your selected product, including:  The product label with specific product details, intended usage notes, product characteristics and traits, and safety guidelines Comparison products with similar performance, active ingredients and ingredient concentrations  Transparent list prices so you always understand the price you’re paying Current savings opportunities and special offers relevant to your product for which you may be eligible  Package sizes so you can select the option that works best for your needs Once you’re ready to buy the product, select your preferred package size, product quantity, and click “Add to Cart” to begin the purchase process.  4. Get Product Support and Suggestions After adding the product to your cart, you’ll see suggested products (complete with pricing) related to your selection to help you streamline your purchase process.  5. Schedule Delivery on Your Terms and Your Timeline Next, you’ll select your delivery preferences for your purchase by choosing both your delivery location and scheduled delivery date. You can also add a new delivery location to your profile at this stage if necessary.  6. Choose Your Financing Finally, select your preferred payment method or financing option, which could include an FBN® Operating Line, ACH, credit card, or other payment type. Complete Your Order After selecting your payment option, submit your order.  That’s it! Your order is now complete and will be delivered to your preferred location by your selected date. Take control of your inputs today by purchasing on FBN.com.  Where Can I See My Past FBN Orders?  You can view your order history at any time by visiting your profile and clicking on the ‘Orders’ button on the top right hand side of your screen.  Copyright © 2014 - 2022 Farmer's Business Network, Inc. All rights Reserved. The sprout logo, “FBN”, and “FBN Direct” are trademarks or registered trademarks of Farmer's Business Network, Inc. FBN Direct products and services and other products distributed by FBN Direct are offered by FBN Inputs, LLC and are available only in states where FBN Inputs, LLC is licensed and where those products are registered for sale or use, if applicable. All products and prices are subject to change at any time and without notice. Terms and conditions apply.


Nov. 08, 2022

by Rejeana Gvillo

[FBN Members: Click here to access the November 2022 U.S. Corn & Soybean Yield Forecasts Report ] [Not an FBN member yet? Click the link above and create a free FBN account to unlock the report.] On October 12, 2022, the USDA released their most recent Crop Production report. Based on initial survey-based U.S. corn and soybean yields, their results forecast U.S. corn yield to be 171.9 bushels and 49.8 bushels for soybeans. FBN®’s forecast was higher at 173 bushels per acre for corn but slightly lower for soybean bushels at 49.7.  This is down compared to 2021 yields of 177.0 bushels of corn 51.4 bushels of soybeans.  The USDA’s next report is slated for November 9, 2022 and will be the final report for the calendar year with next year’s yield estimates to be released on January 12, 2023.  Will yield increase or decrease compared to last month’s estimations? Click here to unlock the FBN Research team’s predictions in our latest report, free for FBN members .  [Not an FBN member yet? Click the link and create a new member account to access the report.] FBN® yield forecasting The FBN Research team has been processing and analyzing data since the combines started rolling this season. We have collected 3,816 farm yield observations for corn and 1,954 for soybeans. We anticipate that data collection is close to or slightly above the halfway mark.  In our latest report, FBN will continue to predict both U.S. corn and soybean yield ahead of USDA’s report. We will also look at how FBN’s forecasts have historically presented low yield errors compared to other published predictions.  Unlock the Report Find out more by signing up to become an FBN member and downloading the November 2022 U.S. Corn & Soybean Yield Forecasts Report. By becoming an FBN member , you'll join a global network of farmers — 48,000+ strong and growing — who are already taking advantage of the opportunity to reduce their production costs and maximize the value of their crops.  You’ll also have access to unique insight from experts in the latest FBN Research publication for free in the Reports section of the FBN app. FBN Market Advisory services are offered by FBN BR LLC, dba FBN Brokerage, FBN BR and FBN Market Advisory - NFA ID: 0508695 Disclaimer : Commodity trading, including futures, hedging and speculating, involves substantial risk of loss and may not be suitable for all investors.  All information, publications, and reports, including this specific material, used and distributed by FBN BR LLC shall be construed as a solicitation. The information and data provided comes from sources believed to be reliable but FBN BR LLC does not guarantee its accuracy or completeness. Past performance is not necessarily indicative of future results.  FBN makes no representations, warranties, or guarantees as to this content. Copyright © 2014-2022 Farmer's Business Network, Inc. All rights Reserved. "Farmers Business Network," "FBN," and "Farmers First" are registered trademarks of Farmer's Business Network, Inc. All other trademarks are the property of their respective owners.


Nov. 02, 2022

by Kathy Bogardus

Once again, the Federal Reserve has met to set rates. And once again, we have seen another rate hike increase of 75 basis points. Our FBN® experts predicted last week that farmers should brace for another increase in interest rates and to secure financing before it hits double digits . This is the fourth increase in less than 6 months.  As the Fed continues to try to quell economic instability in the coming months, global markets will continue to be impacted by the ongoing conflict in Eastern Europe and rising inflation.  As interest rates continue to rise and the risk of recession looming in the near future, now is the time for farmers to evaluate their financing before rates hit double digits.  [Learn more about how the economic shocks of 2022 are affecting farmland values in our recent FBN Research report. Unlock the free report today .] What it means for farmers As the market continues to shift, we have been continually highlighting that Farm land real estate continues to be a good long-term investment for the time being. By locking in a rate now instead of 6 months from now, you’ll have a better chance to secure a lower rate.  As TJ Wilson, Director of Sales for FBN® Finance said last week, “As the line of credit renewal season looms, don't be surprised if you start to see rates in the double digits for operating lines. These rate increases will have an effect on the cash flow of operations year over year. You’re talking two and a half times the interest rate on some of these operating lines, if not three times, which makes a huge difference, especially given the price of inputs.” Looking back at how rates have increased in just the last year, it’s more important than ever to act now to secure financing. In just 12 months, we’ve seen rates more than double compared to where they were in October 2021.  And as the market continues to indicate that rates will increase, it’s a good time to think about locking in a 10-30 year fixed rate. If rates drop in the future, you may be able to refinance and prepay at a lower rate. Locking into a secure rate now may be a good investment for many farmers. Check out our competitive land loan and operating loan rates which offer flexible term options.  Looking forward While it’s hard to know where the market will be in 5 years, history has shown us that while rates are on the rise now, there will come a time when the yield curve starts to invert suggesting that rates will decrease in the future. “We are starting to see those longer term rates dip a little bit relative to shorter-term bonds. We're seeing a lot of people go with 5-year adjustable rates right now for that exact reason. They are anticipating that rates are going to be back down over the next few years and they're going to have an opportunity to refi on a longer term fixed and a lower rate,” says TJ Wilson. Solutions to grow your business We aim to make financing for family farmers simple and affordable. Every farmer has a unique situation therefore we provide a variety of options that may be useful in managing or growing your operation: Operating lines Operating lines will help you fund your operation as you see fit. With inflation impacting everyone, capitalizing on FBN’s special offer of 0% interest* on inputs may help you maximize your profit potential. To qualify for this offer you need to both complete the closing process for the operating line and have a FBN Direct® minimum purchase of $45,000 by December 9, 2022. Apply today and get your approval decision instantly.  Once you have your loan you can easily use it to pay for FBN inputs in our Direct store . Land loans Even though rates are high, the market is predicting they will rise even higher. Now may still be a good time to purchase that Ag land you have your eyes on. We want to help you finance your expansion, apply for a land loan now . Farmland Capital Farmland Capital provides you the capital you need without impacting your original loan. Learn more here or start your application today . Source: Minutes from the November 2022 Federal Reserve Meeting Copyright © 2014 - 2022 Farmer's Business Network, Inc. All rights Reserved. The sprout logo, “Farmers Business Network” and “FBN” are trademarks, registered trademarks or service marks of Farmer's Business Network, Inc.  Financing offered by FBN Finance, LLC and its lending partners and is available only where FBN Finance, LLC is licensed. Terms and conditions apply. To qualify, a borrower must be a member of Farmer’s Business Network, Inc. and meet all underwriting requirements of FBN Finance, LLC and its lending partners. Interest rates and fees will vary depending on your individual situation. Not all applicants will qualify.