Delinquency rates for commercial agricultural loans are at a six-year high. That’s for both real estate and non-real estate loans. According to quarterly data from the Federal Deposit Insurance Corporation, the number of delinquencies is still quite low. For the first quarter, 2.5 percent of commercial farm real estate loans were more than 30 days past due. That’s up from the long-term average of 2.1 percent. A total of 2.2 percent of non-real estate loans held by commercial lenders are more than 30 days past due. That’s up from the long-term average of 1.6 percent.
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