Confidence in hemp is low among Wisconsin bankers according to a recent Wisconsin Bankers Association survey of 95 Wisconsin bank CEOs and presidents despite farmers and businesses looking more closely at the product.
The survey asked if the 2018 Farm Bill changes the federal view of hemp, 'Will your bank actively seek to provide loans to industrial hemp farmers and/or processors in Wisconsin?' The response was 83-percent 'NO,' and just 17-percent 'YES.'
Bankers had the same response to the question: 'Do you think industrial hemp will provide enough revenue to stabilize revenue streams for Wisconsin farmers?'
Read WBA's Press Release on the survey.