Wells Fargo & Co. will boost agriculture lending this year as producers’ costs climb, said Rod Alt, a senior vice president in the bank’s food and agribusiness division.
The bank issued $9.4 billion in new U.S. agriculture loans last year, Alt said, without providing details on how much lending may gain in 2011. He was speaking Wednesday in an interview at an industry conference in Denver.
Post a comment
Report Abusive Comment