Young Rancher Loans Down

With your Land and Livestock Report I'm Susan Allen. Apparently, there are less young ranchers and farmers utilizing the Young, Beginning and Small Farmer Loans.In 2016, the pace of new lending to Young, Beginning and Small Farmers, or YBS loans, remained relatively flat, according to a new report by the Farm Credit Administration lagging slightly behind the pace of overall farm lending. On the global beef front , A state-controlled bank in Brazil has cut credit lines to meat processor JBS SA, following the plea bargain deal in which the company's majority owner admitted paying bribes to Brazilian politicians. Meat industry publication Meeting place reports the bank decided to review the conditions of JBS' credit limit, and of a loan expiring in 2018. Reuters previously reported that the Brazilian government had ordered the bank not to refinance existing credit On the lines to J&F, the company controlling JBS. However, other state-controlled banks in Brazil are not planning to do the same. The move stems from a majority shareholder revealing in a plea bargain in April an apparent consent to bribe politicians. JBS signed a leniency deal to pay the equivalent of $3.15 billion in fines to settle the charges over corruption. Finally, kudos to Tractor Supply Company for donating over $800,000 to 4-H youth as they embark on their Mobile Fair Tour to visit 19 state and county fairs recognizing youth who are making a difference in their community. 14,000 4-H youth are projected to be recipients