Mid-Missouri Bank: Agricultural Lending for the Modern Farmer

Farming has become much more technologically advanced over the past decade. Tractors are equipped with GPS and auto-steering systems, and engines are designed for efficiency while maintaining performance. 

Chemicals are engineered to kill weeds while not harming grass for additional forage. The list goes on and on, and new advances in technology are happening every day. 

It is important for producers to take advantage of these technological advances whenever possible to become as efficient as possible and improve profitability.

Mid-Missouri Bank has been involved in agricultural financing since 1872. Mid-Missouri Bank has 13 locations in 10 communities throughout the Ozarks with the majority of locations having a specialized agriculture lender on staff. Some locations have more agriculture specialists than others, based on market geographies and industries.

 Choosing the life of a farmer is a big commitment. Mid-Missouri Bank offers these five tips for beginning farmers:

1. Manage proactively, keeping current with cattle pricing and world events. Be willing to adjust operations to coincide with changing market conditions.

2. Keep a spotless credit record.

3. Keep good financial records and maintain a cash flow budget.

4. Have patience.

5. Write and stick to a business plan.

Whether farmers are purchasing land, cattle or equipment, or are in need of an operating line, Mid-Missouri Bank’s lenders have more than 75 years of combined agriculture experience in Lawrence County alone and hundreds of years of combined experience across the region. 

Mid-Missouri Bank’s lenders help farmers with purchasing but also specialize in helping farmers who might maintain an off-farm income. 

Mid-Missouri Bank is and Equal Opportunity Lender and Member FDIC.