St. Louis Fed Survey Shows Farm Income Down Once Again

Dan Economy, Industry News Release

Farm income declined in the first quarter of 2018, the 17th-consecutive quarter of lower income numbers. The latest Agricultural Finance Monitor, published by the Federal Reserve Bank of St. Louis, shows quality farmland values and cash rents were also slightly lower than in 2017. The St. Louis Fed surveyed 24 agricultural banks in the Eighth Federal Reserve District, which includes …

Slump in Farmland Values Continues

Dan Industry News Release

By Cortney Cowley, Economist and Matt Clark, Assistant Economist FOURTH QUARTER 2016 Farmland values and cash rents declined moderately in the fourth quarter of 2016. Bankers across the Tenth District noted that persistent weakness in farm income continued to weigh on farmland values. Although most farmland purchases in the quarter were financed with new debt, the portion of new loans …