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Reduce liability for losses on commercial accounts by adhering to four requirements.
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Money Fund
Report AveragesTM
7-Day Yield — 0.01
30-Day Yield — 0.02
7-Day Comp Yield — 0.01
All Taxable Averages (Based on 1,026 funds with assets of $2.32 trillion - 5/22/13)
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Ag Banking News
KC Fed: Livestock Loans Raise Farm Lending
May 1 - Commercial banks boosted lending to livestock operators in the first quarter, according to the Federal Reserve System's Agricultural Finance Databook.
The databook states, "According to a... >>more
AFBF: New Legislation Needed to Maintain Movement of Grains
April 30 - New legislation introduced in the House, H.R. 1152, The Mississippi River Navigation Sustainment Act, would maintain the critical movement of goods during periods of extreme weather,... >>more
Farm Bureau Urges Support for Fruit, Veggie Farmers
April 25 - Providing new farm bill programs for fruit and vegetable farmers would help ensure a strong agricultural economy and benefit the health of the entire nation, American Farm Bureau... >>more
Trans-Pacific Partnership Offers Opportunities for Agriculture
April 24 - Strong leadership by U.S. government officials in the Trans-Pacific Partnership negotiations will yield positive results for American agriculture, the American Farm Bureau Federation told... >>more
Wells Fargo Tasks Yraceburu With Expanding Food & Agribusiness Division
April 23 - San Francisco-based Wells Fargo (NYSE: WFC) has named Rob C. Yraceburu to a new position as head of its National Food & Agribusiness Division. He will lead the group’s expansion to... >>more