What makes a difference is if it is real farm, or a hobby farm they 'use a tractor on'.
Real farms producing corn, soy, or wheat are sound investments (for now until the bubble busrsts) and you can find the typical ag lenders willing to cut a pretty good deal if you have good financial statements and a good portion of your own invested in it.
What is hard to finance is a 10-20 acre hobby farm that doesn't fit the 'farm' model, and appears to be a bix expensive house on a manor description. The ag banks aren't so interested in those, and the regular housing banks can't make those fit their 'generic housing' models so they are terrified of those properties.
I suspect if they are having trouble, they fit into that classification.
If thy have some actual farm fields that grow real crops, they need to emphisise that to the ag lenders - credit unions, FSA loan, Farm Credit Service, etc.
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Today's Featured Article - Talk of the Town: Winterizing Engines - To Drain or Not to Drain? - by Russ Berry. What is this strange attraction I have to equipment and machinery? How did I get this way? I came from the suburbs and own a small horse farm in rural Loudoun County, Virginia. You can call me a "weekend farmer." The local farmers do. Does it bother me? No. I am just happy to have their friendship. At least the word "farmer" is in my title. But what is the attraction? How can I explain the sensation and exhilaration I feel when I turn the key and hear the engine come to life (most
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