Ag Banks Trim Farm Lending

BACK TO NEWS “Farm loans outstanding at commercial banks declined in the third quarter and non-performing loans edged slightly higher.” — Kansas City Fed READ MORE AT KANSAS CITY FED

Global CEA Census report shows continued positivity despite COVID-19

BACK TO NEWS “Data captured over an 8-week period show 95% of growers have an optimistic outlook for the next 12 months with all types of operations including greenhouses, shipping containers, tunnel and vertical farms showing profitability.” — Global CEA Census READ FULL REPORT

What COVID means for indoor ag lending

BACK TO NEWS “This year has been strange for everyone, and lenders are no different. They live in a world of rules, and stats and data. And there’s almost no way to account for a once-in-a-lifetime pandemic in that world view” — Vertical Farm Daily READ MORE AT VERTICAL FARM …

80 Acres Farms raises funding round led by Barclays

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BACK TO NEWS “80 Acres Farms added Barclays as a strategic investor in the business, joining Virgo Investments, Orange Wings Capital, QuietStar Capital, and other family office investors.” — HortiDaily READ MORE AT HORTIDAILY

Investment group takes stake in greenhouse suppliers Prins Group and Stolze

greenhouse outdoor view

BACK TO NEWS “HAL Investments is working on a new portfolio of companies in the horticultural supply chain that can support each other on an individual project basis for large, complex and international projects that are increasingly initiated by investors” — HortiDaily READ MORE AT HORTIDAILY

Sustainable Food Supply Chain Begins With Startups On The Farm

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BACK TO NEWS “In the past five years, startups have increasingly turned their attention to the farm, and investors are following their lead. So far in 2020, investors have sunk $4.1 billion of venture-backed dollars into 413 agriculture technology deals.” — Crunchbase READ MORE AT CRUNCHBASE