CoBank is a $148 billion cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing, and other financial services to agribusinesses and rural power, water, and communications providers in all 50 states. It also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 70,000 farmers, ranchers, and other rural borrowers in 23 states around the country.
A new report suggests that while a COVID-19 vaccine brings optimism for a brighter and more prosperous year ahead, significant economic recovery is unlikely before mid-year.
