The Kansas City Fed says agricultural credit conditions remained strong in the second quarter, but slower improvement is expected during the months ahead. Those bankers who responded to the Federal Reserve Survey of Agricultural Credit Conditions say farm income continued to increase. However, the pace of increase slowed in recent quarters, and further softening is expected going forward. Farm loan …
Farm Real Estate Debt Builds in First Quarter
Farm real estate debt at commercial banks grew modestly in the first quarter, while production loans remained steady. The Kansas City Federal Reserve Bank says alongside soaring farmland values, real estate loan balances increased at the fastest pace in four years and drove an increase in the overall amount of agricultural lending. Following a sharp pullback over the last two …
Ag Credit Conditions Stay Strong While Outlook Softens
Farmland values continued to increase at a rapid pace through the end of 2021. Alongside sustained strength in farm income and credit conditions, the Kansas City Fed says the value of all types of farmland was over 20 percent higher than the year before. The recent strength in agricultural real estate markets has been supported by strong demand, historically-low interest …
Bank Farm Lending Stabilizes
Farm debt at commercial banks showed signs of stabilizing at the end of 2021. Driven by a higher balance of real estate and non-real estate loans, agricultural debt increased for the first time since 2019. The Kansas City Federal Reserve says while the pullback in lending abated, agricultural loan balances remained below the recent historic average. Farm real estate loans …
Farm Debt Declines Further and Credit Stress Eases
Agricultural debt at commercial banks continued to decline in the first quarter of 2021, and farm loan performance improved. The Kansas City Federal Reserve Bank recently released the data that shows both real estate and production loans decreased, reducing farm debt by more than five percent from a year ago. The reduction in agricultural loan balances was less pronounced among …
Key Risks Keep Ag Outlook Cool
The Kansas City Federal Reserve Bank says the outlook for agriculture remains down, but is beginning to show signs of stabilization. The bank notes that while aggregate measures of farm income are significantly lower than in previous years, the farm income forecast for 2017 was relatively unchanged from the 2016 estimate. Although farm income was expected to stabilize, growing inventories …
Debt-To-Asset Ratios Projected to Climb 13%
Economists are watching the farm economy numbers closely. An Ag Web Dot Com article says theyâre watching for signs as to the current downturn in the ag economy driving it into a similar spiral seen in the 1980s. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024