farm debt

Rural Mainstreet Index Dips In The Negative
Rural Mainstreet Index Dips In The Negative
Rural Mainstreet Index Dips In The Negative
After three straight months of readings slightly above growth neutral, the Creighton University Rural Mainstreet Index fell below the growth neutral threshold.  The March index slumped from 50.1 in February to a reading of 45.6 in March.  Despite...
Farm Debt Could Return This Year
Farm Debt Could Return This Year
Farm Debt Could Return This Year
The USDA is forecasting that farm commodity prices will drop in the year ahead and production input costs will stay or even move higher.  For producers, the question is: when/if input prices follow those output prices lower.   “We are forecasting that fertilizer and feed expenses will decline in 2023, yet they will remain high," noted USDA economist Carrie Litkowski. She added expenses for m.
Real Estate Lending Pushes Farm Debit Higher
Real Estate Lending Pushes Farm Debit Higher
Real Estate Lending Pushes Farm Debit Higher
The Kansas City Fed said strong growth in farm real estate debt pushed agricultural loan balances higher at commercial banks in the 2nd quarter.  Outstanding farm debt increased by 5% from last year, the fastest pace in almost six years.  While a...
Farm Real Estate Debt Builds in First Quarter
Farm Real Estate Debt Builds in First Quarter
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 said 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 ...
Farm Debt Declines Further and Credit Stress Eases
Farm Debt Declines Further and Credit Stress Eases
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. Last week, the Kansas City Federal Reserve Bank released the data that shows both real estate and production loans decreased, reducing farm debt by more than 5% from a year ago ...
Small Farmer Debt Relief Act Introduced in House
Small Farmer Debt Relief Act Introduced in House
Small Farmer Debt Relief Act Introduced in House
Democratic Representatives from New York, Maine, Vermont, and New Jersey introduced the Relief for America’s Small Farmers Act. The legislation would provide one-time debt forgiveness of up to $250,000 for farmers who hold existing loan obligations with the USDA. The ...
Farm Debt Just Short of Record Levels
Farm Debt Just Short of Record Levels
Farm Debt Just Short of Record Levels
A new analysis shows total farm debt is near record levels and farm real estate debt is at an all-time high. Agricultural Economic Insights found that this week, total debt stands at $425 billion, just short of the 1981 peak of $440 billion ...

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