MetLife announced that it originated $3.3 billion in agricultural mortgage loans in 2013 through its Agricultural Investment Department which oversees a portfolio of more than $12 billion of mortgages for farms, ranches, agribusinesses, food production, and timberland. MetLife continued to expand its lending in Brazil where it originated $285 million in agricultural loans to Brazilian cotton, grain and oilseed producers. Some of the most notable transactions from 2013 include $189 million loan to the Gaylon Lawrence family secured by improved farmland in southwest Missouri and northeastern Arkansas, $30 million to the Sugar Creek Packing Co. which produces a range of bacon protein products for the U.S. food service industry, and C$75 million to Cumberland Tree Farm, one of the largest private timber holdings in Nova Scotia. To read more about MetLife and the agricultural loans completed in 2013:
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