Articles tagged under: farm loans
Farm Banks’ Asset Quality Improves
Published June 22, 2021
Agricultural lending by farm banks totaled $98.6 billion in 2020. That’s down less than two percent from the previous year. The American Bankers Association annual farm bank performance report said the demand for farm production loans declined slightly. Government payments…Farm Economy Feels Effects of COVID-19
Published May 14, 2020
The initial effects of the coronavirus pandemic have been felt in agriculture. The Federal Reserve Bank of Kansas City’s quarterly ag survey found a larger decline in farm income and loan repayment rates than in recent quarters. The reduction in…Past Due Loans
Published August 1, 2019
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…American Bankers Association Report Increase in Ag Lending
Published April 25, 2019
According to the American Bankers Association’s annual farm bank performance report, U.S. farm banks increased agricultural lending by more than five percent in 2018. The farm loans totaled $108 billion. More than 94 percent of farm banks were profitable last…Margins Tight, But Loan Renewal Season Went Relatively Well
Published April 22, 2019
Decent yields this past year helped farmers start 2019 in better financial condition than anticipated. AgCountry Farm Credit Services President/CEO Marc Knisely says large crop inventories remain in the bin "and because it was a wet, late harvest, a number…Demand for Credit Remains High, Loan Volumes Increase
Published April 19, 2019
According to the new Federal Reserve Bank of Kansas City report on agricultural finances, the volume of non-real estate loans increased nine percent from a year ago. The volume of farm operating loans remained relatively steady, but there was more…