Farmer Mac’s earnings increase as its portfolio grows

 · Apple will stop reporting how many iPhones, Macs and iPads it sells each quarter, beginning with the December quarter, Apple CFO Luca Maestri said on the company’s earnings.

Farmer Mac typically issues an earnings press release the day it files 10-Q and 10-K SEC financial reports. Each earnings press release is normally followed by an investor conference call. In addition, press releases are issued as necessary throughout the year whenever a material matter should be disclosed.

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Farmer Mac’s earnings increase as its portfolio grows Farmer Mac’s second-quarter net earnings increased 46% year-over-year, driven by a boost in net interest income that was enhanced by its growing loan and securities portfolio.

 · The last decade has seen nothing short of a bonanza in farmers’ markets in America. Between 2007-2014, the number of farmers’ markets in the U.S. has grown by nearly 180 percent, according to a January 2015 USDA report.That’s accompanied by a 288 percent growth in regional food hubs and 430 percent in farm-to-school programs.

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As of September 30, 2018, Farmer Mac substandard assets were $216 million, or 3.1% of the farm and ranch portfolio, compared to $226.5 million, or 3.2% of the portfolio as of June 30, 2018.

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