Agriculture has been the primary occupation of human beings, and that too a very important one. It provides a variety of products - crops - that are essential for humankind. Agriculture not only supports humans for their subsistence, but helps a large number of industries too.

Agriculture forms the raw material for numerous farm products based industries. The basic products, resulting from agricultural activities, are processed in big factories, before the final product is marketed. As such, agriculture generates employment, both for people working in the farming sector as well as those in the industrial, agriculture-based sector.

These days, agriculture has become an important commercial activity. A variety of crops are grown, which can be classified as -

oFood crops

oCommercial crops

oFiber crops

oBeverage crops.

Agriculture has benefited a great deal from the various advancements in the field of science and technology - with modern machines making the 'field' jobs much easier than ever before. All over the world, agriculture is managed efficiently with the help of modern farm equipment. In the US, farmers rely much more on technology than on manual labor.

Machines are used for all important farm operations like - tilling, sowing, harvesting, sorting of fruits, etc. Most farmers prefer employing those laborers who are skillful, and who can operate upon their tractors, combines and harvesters. In fact, farmers are also ever so ready to try out every new development in the variety of crops, pesticides, fertilizers and the like.

The importance of agriculture also lies in the fact that it supports the export sector also - most of the farmers in the United States produce largely for exports, as the soil produce is quite fertile, and coupled with modern technology, the returns are huge. Some of the major farm products are crops like - rice, wheat, sugarcane, cotton, jute, tea, coffee and rubber - which are produced in most parts of the world.

In countries that export surplus farm output, agriculture is all the more significant, and the agricultural production is fairly high. As the farmer gets a good profit, his financial position, especially in developed countries, is better than many other entrepreneurs. He is now able to purchase the latest machinery, use latest techniques of farming, buy new and improved hybrid varieties of seeds, and use the best fertilizers to increase productivity.

Nowadays, there are improvements in wholesale marketing as well as transportation of farm products. The use of refrigeration systems and efficient rail transport has made possible the safe delivery of perishable farm products like dairy products, vegetables, and fruits. With barely 4% of total population of United States engaged in agriculture, they have huge exportable surplus.

Agriculture is not just limited to crop cultivation, dairy farming has become an indispensable part of the agricultural process. Dairy farming is the practice of farming in which cattle are kept for milk and milk products. Oftentimes, poultry is also included. In fact, the scope of agriculture has widened, with interrelated sectors over-lapping one another; and in the present scenario, each of these sectors is as important as any other!

By Peter O Osalor

Circumstances changed radically with the oil boom of the 1970s, as the discovery of vast oil and gas reserves in the strategically significant sub-Saharan nation turned its fortunes overnight. The windfall transformed Nigeria's agricultural landscape into a gigantic oil field crisscrossed by more than 7,000 km of pipelines connecting 6,000 oil wells, two refineries, innumerable flow stations and export terminals. The colossal investments in the sector paid off, with unofficial estimates suggesting Abuja raked in more than $600 billion in petrodollars in the last decade alone.

Unfortunately, the obsession with non-renewables over all other sectors of the economy eventually turned Nigeria's boon into a bane. Newfound wealth spawned political instability and massive corruption in government circles, and the country was rent asunder by decades of violent civil war and successive military coups. Agriculture was one of the first casualties of the oil regime, and by the 1990s, cultivation accounted for just 5% of GDP. Farming modernisation and support continued to remain low on the list of national priorities as vast stretches of rural Nigeria gradually plunged into poverty and food scarcity. Deforestation, soil erosion and industrial pollution further hastened the down-spiral of agriculture to the point where it ended up as a subsistence activity.

The fall of Nigerian agriculture coincided with the collapse of its macroeconomic and human development indicators. With income distribution concentrated on a few urban pockets, the majority of rural Nigeria was left reeling under massive poverty, unemployment and food shortages. A widening urban-rural divide sparked social unrest and mass migration into towns and cities. Organised urban crime became as real a security threat as militancy in the Niger Delta region. Nigeria plummeted to the bottom in world economic rankings and Africa's most populous nation acquired the unhappy distinction of having more than half (54%) of its 148 million people living in abject poverty. The World Bank coined the term "Nigerian Paradox" specifically to describe the unique condition of extreme underdevelopment and poverty in a country brimming with resources and potential. The country was ranked 80th in a 2007 UNDP poverty survey covering 108 countries.

The transition to democratic civilian rule at the end of the last century paved the way for an enthusiastic programme of economic reform and restructuring. Abuja's urgency for inclusive growth was much in evidence in the adoption of an ambitious blueprint designed to reverse trends and jumpstart a stagnating economy. The Vision 2020 document adopted under former president O Obsanjo lays out broad parameters for sustainable development with the specific goal of instating Nigeria as a global economic superpower in a time-bound manner. The 2020 goals are in addition to Nigeria's commitment to the UN Millennial Declaration of 2000 that proposes universal basic human rights by 2015.

The realisation of these allied and intertwined objectives depends entirely on Abuja's ability to bring about inclusive growth by means of an entrepreneurial revolution, while simultaneously correcting massive infrastructural shortages and administrative anomalies. Economies usually begin expanding with an initial agricultural revolution: The case of Nigeria however calls for agriculture to be part of a larger enterprise revolution that efficiently leverages the nation's extensive resources and human capital.

The intricacy of issues involved here is reflected in the fact that the National Poverty Eradication Programme of 2001 identifies agriculture and rural development as its primary area of interest. The fact that all development has to begin from the bottom-up cannot be overemphasised in the context of Nigeria, where a farming boom can ensure not just food supply and exports but also provide industrial raw materials and a market for products.

Agricultural expansion is critical to economic prosperity across Western Africa, considering the region's crippling poverty levels. A 2003 conference organised by NEPAD (New Partnership for Africa's Development) in South Africa strongly urged the promotion of cassava cultivation as a poverty eradication tool across the continent. The recommendation is based on a strategy that focuses on markets, private sector participation and research to drive a pan-African cassava initiative. What was once a rural staple and famine-reserve food has become a lucrative cash crop!

The NEPAD initiative has strong relevance for Nigeria, the world's largest cassava producer. With its large rural population and extensive farmlands, the country boasts unrivalled opportunities of transforming the humble cassava to an industrial raw material for both domestic and international markets. There is a growing and well-justified belief that the crop can transform rural economies, spur rapid economic and industrial growth and assist disadvantaged communities. While production grew steadily between 1980 and 2002 from 10,000 MT to over 35,000 MT, there is scope for significant further increase by bringing more land under cassava cultivation. Nigeria must take the lead not only in developing better production, harvesting and processing technologies, but also in finding new uses and markets for what is undoubtedly a wonder crop. Nigeria stands to make giant strides towards inclusive and sustainable development simply through the intelligent and judicious promotion of cassava farming.

The following are some of the most urgent requirements for a successful revolution in Nigerian agriculture:

o Active promotion and establishment of agro-based industries that generate employment, sustain local food requirements and encourage exports.
o Effective steps to modernise and diversify the agricultural economy as a means of buttressing entrepreneurial growth in ancillary sectors.
o Institution of a tariff system that promotes local produce against cheaper imports, together with the removal of institutional barriers against agricultural profitability.
o Subsidies on technologically advanced farm equipment and practices that help boost productivity without any adverse ecological side effects.
o An umbrella poverty alleviation programme designed specifically to promote agrarian reforms while simultaneously improving the quality of life in rural communities.
o Enhanced access to agricultural enterprise loans through a network of regulated lending institutions sympathetic to farming realities.
o Adult education programmes designed to help Nigerian farmers upgrade to locally relevant but modern methods of cultivation, marketing and distribution.
o Encouragement of both public and private sector agricultural research aimed at correcting technological constraints faced by local farming communities.

If Nigeria's agricultural potential is enormous, it is partly because more than 90% of its 91 million hectares of total land area is arable. While soil fertility is generally estimated on the lower side, the UN Food and Agriculture Organisation (FAO) predicts medium to high yields across the country with optimal utilisation of resources. Combined with Nigeria's substantial rural population traditionally involved in agriculture, this projection translates to gigantic prospects in terms of agricultural productivity and, by extension, economic resurgence. For a nation emerging out of a troubled past and struggling to attain social, political and economic stability, the ideals of agricultural and entrepreneurial revolution hold vitally important. Because they are also inextricably linked in the Nigerian context, the country's future position on the world economic stage depends literally on the bounty of its harvest.

By Chris A. Harmen

For an existing or new business, deciding what kind of industrial equipment leasing or purchasing is the best choice can be difficult. The various industrial equipment financing programs have been developed to meet the needs of all types of businesses including those with poor credit or those who only operate on a seasonal basis. Certain plans have also been created to give new companies the step up they need to be successful. Here are a few different kinds that you will have to choose from:

Traditional Industrial Equipment Leasing

Traditional leases are for companies who don't want ownership of the items, but prefer to 'rent' them. These have no buyout terms and have low payments that are considered an operating expense when it comes to tax time. These are particularly helpful for equipment that depreciates quickly. You can purchase what you need at a fair price and extend the term to meet your needs

Capital Or Pre-Paid

This type of industrial equipment financing works similar to a traditional lease except the items are purchased at the end of the term. Once the purchase price has been paid in full as well as interest, you will only have to pay a small percentage of the original price tag or a single dollar to transfer ownership. In many instances, you can pay a percentage of the cost ahead of time to lower the overall payments and show you can make the payments. These are ideal for those whose credit needs the extra boost.

Deferred Payments

Designed the same as a traditional or capital industrial equipment leasing option, deferred payment programs are an ideal choice for new businesses. These are designed so the company does not have to make payments during the first two or three months of the agreement. This lets businesses with no income during the first few months get up and going before they have to start paying for the equipment they need.

Seasonal Payment Programs

Seasonal payment programs work for seasonal businesses and organizations such as those involved in road construction or agricultural industries that only have cash coming in during certain seasons or months of the year. These are often fully customizable to meet the needs of the company including the number of months per year payments are made, the amount of the payments, and the length of the term. In some instances, only small payments will need to be made during the off-season.

Sale-Leaseback Industrial Equipment Financing

Sometimes a company purchases the items they need only to find out that they would like to increase their cash flow or invest their money directly into equipment that increases in value rather than depreciates. With a sale-leaseback, the business sells the equipment to the financial institution and leases it back until it is paid in full, or they lease it until they no longer want it.

Step Up Or Progressive Leases

Contractors often prefer this type of industrial equipment leasing, particularly when they are purchasing an item for a certain set of contracts coming up that will see their income increase on a regular schedule. With these plans, the payments increase gradually matching the rising income and pay the plan out sooner.

Master Lease Programs

Master industrial equipment financing is ideal for companies who will be purchasing several pieces of equipment in a certain amount of time. A 'main' agreement is signed and from there a separate set of terms and lengths are set up for each item.

These are just a few of the many industrial equipment leasing options available to businesses. Many financing companies will work directly with you to come up with the perfect industrial equipment financing that will get you the items you need at payments you can afford.

By John Cheesman

Industrial Rubber Products refer to items, objects and devices which are made from rubber and used for industrial purposes.

Rubber is an indispensable product and is used in modern industry and society, and is as important as other products such as wood and steel. There are two types of rubber - natural and man-made. Products made from rubber are used by everyone, at work, at home, at play and even when we travel. Aircraft, train, automobile industries all rely on it for its various applications.

Rubber is obtained from the latex or milky sap of various plants such as the rubber tree, and is a yellowish, elastic, amorphous material. This material or sap is vulcanised, pigmented and finished into different products such as:

o Elastic bands
o Tyres
o Gaskets
o Hoses
o Electrical insulation

Rubber is also known as Caoutchouc, which is its scientific name, and more commonly known as India rubber.

Natural rubber is an important and vital agricultural product which is used in the manufacture of a wide range of products. Natural rubber is produced from many different plant species. The most important source is from a tropical tree known as Hevea brasiliensis, which is native to the tropical Americas. The tree grows best with an annual rainfall of just under 2000mm and temperatures around 21-28 degrees F.

Synthetic rubber is a white crumbly plastic mass, which is processed and vulcanised in the same manner as natural rubber. Synthetic rubber is an artificially produced material having properties similar to natural rubber. Most synthetic rubbers are obtained by polymerization or polycondensation of unsaturated monomers.

The products manufactured from these natural and synthetic rubbers are vast and just a few of them will include:

o Anti-vibration mountings
o Automobile rubber products
o Rubber bands
o Rubber adhesives and sealants
o Rubber flooring
o Rubber magnets

Industrial applications vary widely and these include: Agricultural industry, Defence industry, Textile industry, chemical industry and the medical industry.

By Lance Winslow

Water rights in America are all about politics. It is truly amazing that large cities with large populations have the political clout to take the water from rural areas where we grow America's food supply and all of our crops, and the agricultural products that are shipped worldwide.

There is another concern that has to do with this issue and that is the value of land. Although a farmer over a long period of time can make a lot of money farming; because of all the regulations in the agriculture industry it often make sense to sell the property to a developer instead of growing crops.

Because people in the city will not conserve the water like they should, and because the populations of our urban areas in the United States are increasing so rapidly, we are unable to recharge our reservoirs like we have in the past during the winter months. There just isn't enough water to last through the dry summer months.

It used to be the droughts came every 5 to 10 years. Now even a mild drought year can turn into a severe drought year, because we use so much water. The Colorado River is in jeopardy and Lake Mead in Nevada provides water to three of the thirstiest states out west. The Ogallala aquifer is also receding and there are farmers whose wells have run dry.

If that land cannot be irrigated or used for agriculture, nothing can be grown there. Our nation is in a drought crisis and yet, we often do not address this issue, because no one wants to talk about it. It drives down real estate prices, it scares the citizens, and it is a political football that no politician wants to touch. I hope you will consider all this and remember without the agriculture business and without water there's no food to eat. Please consider all this.

By Kevin W. Ogan

Within the next 40 years, food prices will climb steadily. After that, things could get wild. News from the United Nations' Food and Agriculture Organization (FAO) states that changes in climate - global warming, if you will - is expected to have a dire effect on developing nations, but will also negatively impact food pricing across the board.

Estimates by the organization show predictions of agricultural productivity decreasing by as much as 21 percent by 2050, with African countries potentially becoming more dependent on food imports for its food supply.

Here's what we can expect, says the organization: higher temperatures, higher levels of carbon dioxide emissions, fluctuations in rainfall, and more frequent natural disasters. All this will be happening as our global population reaches 9.1 billion.

However, solutions to curb the prediction's accuracy are already underway. The FAO has studied the situation and located some solutions to help decrease the effects of global warming and help protect food supplies going forward. Soil carbon sequestration - transferring carbon dioxide from the air into the soil through crop residues and organic solids - decreases the re-emission of carbon dioxide back into the atmosphere.

FAO is also recommending improvement to current nutrient management programs, restoration of degraded lands, and the use of new technologies to further protect against climate change.

Make no mistake - the agriculture industry within the United States and other developed nations will play a major role in future food supply chains. Likewise, insurance companies have received the call to action by Lloyd's, which stated in a recent report, Climate Change or Bust, that "The insurance industry must start actively adapting in response to greenhouse gas trends if it is to survive... There could hardly be a debate of greater importance to the insurance industry." Some figures have insured losses in the year 2040 at a record $1 trillion for just that year.

The agriculture insurance industry is now considering new products to respond to increased climate change exposures, including risk controls and outreach programs to clients to raise awareness of the issue and possible solutions. It's too early to tell what impact such measures will have on your business, but climate change will certainly play a primary role in the future of your business.

By Brian T Mikes

The last few months in the market have been quite nerve racking. Stock prices are bouncing up and down like a basketball in a high school gym class. Dow 14,000...Dow 13,000....Dow 14,000. The 200 and 300 point wings we see every day make picking the right stock all the more important.

As we discussed earlier this week, banking stocks have been destroyed and are setting themselves up for more of the same. Energy stocks continue to rally as oil prices constantly push to new highs, and the salivating press drools more each day as we near $100 per barrel. Technology stocks which have shown considerable strength in the last few weeks, have recently suffered a slide of their own. This leaves many investors on the sidelines asking the question:

"Where is today's growth market?"

I think I have the answer to that, but first a little background.

Commodity prices across the board are rallying. Gold is over $800 and is on its way to who knows where. Silver meanwhile has crossed $15 per ounce. All of the news seems to be about oil approaching the $100 dollar a barrel level, and natural gas futures reaching new highs. What is lost in the information overload is that the more common commodities are also reaching new highs. Corn is a mere 12% from its highs reached earlier this year.

Wheat prices are double the previous highs achieved in the last decade.

Soybeans, oats, barley....the list goes on of agricultural commodities that are reaching new 52-week or lifetime highs. Increasing demand for commodities is driving many agricultural stocks to new highs. Look at Deere & Co. (DE), a leading supplier of farm and forestry equipment throughout the world. The stock has been hitting new highs for the last few years as their business performance has been nothing short of spectacular.

So, what is driving their business? Let's let Deere CEO Bob Lane explain:

"Farm commodity production, as an example, has been expanding across the world in recent years yet has consistently fallen short of demand.Global carryover stocks of corn and wheat are at 30-year lows in relation

to use. Consumption is being driven by a global population growing in both size and affluence, and by the increasing popularity of renewable fuels."

Put simply, demand for commodities is growing faster than the supply of those commodities. This is causing prices to rise. When prices rise, the commodity producers - farmers - rush out to plant more crops, and create more supply. To do this they need more equipment, seed, and fertilizer. They need the products that agricultural-related companies are selling.

This demand can't be satiated overnight. It can take several years for a previously unfarmed piece of land to produce high yields of a quality crop. As amazing as it sounds, the agricultural industry is in a period of dynamic growth. Growth which is expected to continue for a few more years at a minimum.

There are a number of companies in the agricultural industry that I like. Deere is only one example of a company benefiting from this growing market. The other major player worth mentioning is Monsanto (MON) which provides seeds and herbicides to farmers in an effort to expand their crop yields.

With the market volatility increasing, I am focusing on fundamental stories and long term growth prospects. For me, the agricultural industry, and the companies supplying to it, have a lot of growth ahead. It clearly deserves a very close look.

By Ryan Neil Johnson

The US government issues agricultural grants to manufacturers and producers of agricultural commodities to aid agricultural development and improve the agricultural industry as a whole through various grant programs

Some of these include

1. Aiding producers of agricultural commodities to carry out sufficient research to aid the production and cultivation of better agricultural commodities and products. This would help in facilitating proper methods of cultivation and thereby increase agricultural yield.

2. Grants to facilitate better methods of agricultural production and thereby improve the quality of commodities resulting in an increased consumption of agricultural products.

3. Grants to improve and maintain the health of animals engaged in agricultural activities. Healthier farm animals will lead to increased agricultural activities.

4. Federal grants to maintain and conserve the wetlands, grazing lands and other farm lands that are key to the production and cultivation of agricultural commodities. Conserving such lands will also reduce environmental damage and thereby improve production

5. Grants to construct better water management facilities and irrigation plants thereby improving the overall quality of water.

6. Reduction of salt load on in the land by carrying out necessary environmental practices. This would lead to better production of agricultural commodities.

7. Improve farm income levels by stabilizing the balance between supply and demand for agricultural produce. This stabilization will lead to better national welfare and less inconsistencies.

8. Grants for establishing agricultural teaching capacities including faculty preparation, instrumentation for reading, development and selection of curriculum and materials.

9. Establishing projects and communities to meet the food and nutrition requirements of people in lower income groups and to assist in improving their general nutrition.

10. Promote national welfare and economic stability and strength in the agricultural industry by establishing strong crop insurance programs.

By Brian T Mikes

I love earnings season. It's a great time to capitalize on the craziness of the market. It also gives us an opportunity to profit by smartly trading options. If you remember back in October I pointed out a trade. One of the solar companies was going to announce their earnings. Most of their competitors had announced record results driving the stocks significantly higher. We were right and people made money.

I see another trade like that setting up right now. . . but in a different industry.

Now, this trade isn't for the faint of heart. It's risky. But the profits could be nice as well. First a little background.

We all know how well commodities have done over the last few months and years. To add fuel to the fire, China continues to drive demand for food-related commodities. News of hoarding grains like rice and corn are also floating around.

Needless to say, everyone loves the agricultural commodities.

As a result, the companies providing products and services to the agricultural industry are thriving. Just look at DuPont (DD). The company announced earnings Tuesday. The strength of their business was found in agriculture. First quarter profits were up 26% . . . all due to increasing demand for its seed products and agricultural chemicals.

Now the stock is down a bit, but that's because they indicated product sales were slow in other groups, namely automotive and construction.

Yet another signpost.

Monsanto (MON), the giant agricultural products supplier announced their earnings on April 2. They had previously raised guidance in March. So everyone knows the agricultural products industry is white hot. In the earnings announcement management highlighted expectations of a 58% to 63% earnings growth this year! When Monsanto earnings hit the tape the stock rallied.

Monsanto had traded as low as $105 on the day of the announcement. It hit $124 over the next few days . . . and continued higher.

So, what's next.

On April 24, Potash (POT) is going to announce earnings at 1:00 pm eastern time. If you trade this stock just right, you might make some money.

Now for those of you who don't know, Potash is a very interesting company. They're the world's largest potash company. They're also the third largest phosphate producer and the second largest nitrogen producer in the world. All of these products are needed in the agricultural industry.

The company has been selling these agricultural products since 1953, and it looks like they're on track for a record year.

Some interesting news.

Just a few days ago Potash announced a significant price increase of their products to China. Prices went up more than $400 per ton on "red standard grade potash." Now this isn't the first price increase for the company.

Nope. A few days earlier on April 9th, they raised rates for North America. And a few days prior to that, they raised prices in South East Asia and Latin America. Basically prices are up around the world.

Increasing prices is always difficult. You run the risk of customers either not buying your product or searching for a new supplier. What Potash basically said was "we don't care."

Like the Godfather they made 'em an offer they couldn't refuse.

Now think about this for a moment. If you can push through a major price increase on your best customers, then you have substantial power in price negotiations. This means there's more demand than supply in the market place.

And since Potash controls the supply, they control the price.

So what does this all boil down to? I'm trying to figure out if Potash is going to make their numbers on Thursday. Something tells me they will. I think not only will they make their numbers; they'll beat 'em.

But there's a risk.

Lots of people already see what we see. This big home run may already be priced into the stock. If that's the case, the stock might go nowhere on the news. It might even go down. And of course there's the wild card. You never know what management is going to say about future expectations. They could throw everyone a curveball and the stock might get destroyed.

I find it hard to believe that will happen. . . . but you never know.

The last time Potash announced earnings was back in January. The stock traded as low as $105. A few days later it had rallied to $144. Of course they announced record revenue, EBITDA, and profits.

So how can we profit this time around?

Buying calls on Potash is one way to profit if the stock jumps in value. I looked at the short term options. Right now, you can buy May calls on Potash with a strike of $210 for about $15 each. If you put on this trade, you'd profit when the stock rallied above $225. That's a $28 point move in the stock.

I know what you're thinking, these options are expensive. They are. There's an advanced options trading technique that can lower your cost dramatically, but it also limits your profits. It's known as a Call Bull Spread.

First you buy a close to the money call option and at the same time sell a call option at a higher strike price. Your maximum profit would occur when the stock trades above the higher strike price. It's a way to potentially gather some profits, but remember, if the stock doesn't move in the right direction, you can lose your entire investment.

As with any option trade there are risks. Make sure you're comfortable with and fully understand the risks and rewards of every trade - before you buy a position.

By Kaushik Mukherjee

Agricultural mortgage lenders are different at various aspects from regular mortgage lenders. After industrialization, when the urban civilization expanded fast and vast, the real estate loans became much more popular than the traditional form of rural loans. The down fall of the agricultural industry and the sharp rise of real estate development worked as the catalyst in more or less destroying the rural mortgage loan industry.

In this background government has taken serious protective measures keeping in mind the necessity of regular investment in the rural sector. For these reasons, government has structured few special plans and commissions that will implement beneficial rules and measures in promoting rural mortgage loans. The rural mortgage lenders for this reason offer a rare flexibility unheard of for other types of loans to attract more investors.

An agricultural mortgage lender is specialized in agricultural mortgage loans that cover a vast range of options all at once. A mortgage loan is one where the loan amount is granted by collateralizing a property, which is supposed to be taken as the security of the loan. That means if the borrower defaults in loan repayment, then the lender has the right to seize the secured property. This signifies the inherent risk that every type of mortgaged loans carries with itself. However the amount of money that a mortgaged loan can provide is almost impossible to get through with any other type of loans.

The rural mortgage lender offers various types of interest rates that define the flexibility of such loans. Basically there are two types of loans according to the mortgage rate -

* Fixed mortgage rate loans: Here the interest rate remains same throughout the tenure period of the loan. That means the borrower has to pay same amount of monthly loan payment. This certainly carries lesser risks, though most of the times come with slightly higher interest rates.

* Variable mortgage rate loans: Here the interest rate fluctuates according to the changing market condition and mortgage rates index. That means the borrower has to be aware that he may have to pay a different amount of monthly loan payment further down the line with varying rate of interest subject to market rates. This can quite unpredictable and thus carries a certain amount of risk within.

However to get the best profit out of these two one can always go for a refinancing mortgage option. This helps a lot in fighting sudden critical financial crisis or to pay back the loan without receiving much harm. Through a refinance mortgage one can also lower the interest rate, change the loan type, adjust the tenure period and even sometimes manage an amount of ready to use cash.

There are basically three types of agricultural mortgage lenders -

* Mortgage bank

* Mortgage companies

* Mortgage brokers

These three different types of mortgage lenders come with three types of terms and conditions. Generally a mortgage bank is under governmental control, while the mortgage companies are private in most of the cases. However the mortgage brokers can provide with much more analytic and informative picture of the industry and can act as go between the other two kinds. The tenure period in most of the cases is from 1 year to 60 years. However one should be very carefully when choosing the best and most helpful agricultural mortgage lenders.