Articles tagged under: Joe Mahon
Ag Credit Survey Cites Lower Farm Income
Published May 13, 2024
The Minneapolis Federal Reserve's quarterly agricultural credit survey of over 60 ag lenders cited growing pessimism. Fed Regional Outreach Director Joe Mahon pointed to declining farm income as a key contributor to that sentiment. "Seventy percent of lenders across our…Fed Study Shows Stable Financial Situation
Published November 16, 2023
Federal Reserve Bank of Minneapolis Regional Outreach Director Joe Mahon discussed regional economic conditions during a webinar this past week. Based on a recent study by the Fed, farms in the region are in stable condition. "The financial condition is…Farmers in Good Cash Position
Published May 19, 2023
Federal Reserve Bank of Minneapolis Regional Outreach Director Joe Mahon says the agriculture sector is doing well. "Farmers continue to be in solid condition with strong commodity prices, strong income, and a flat rate of capitol purchases." Farmers were in…Farm Income Growth Expected This Year
Published March 29, 2022
Agricultural lenders across northern states are closely watching the rising commodity prices. "As a result of those high prices, we expect strong farm income growth through the end of 2022," said Joe Mahon, regional outreach director, Federal Reserve Bank of…Well Grounded – Episode 3
Published June 6, 2021
The latest agriculture conditions survey has been released by the Federal Reserve Bank of Minneapolis. Regional Outreach Director Joe Mahon shares some key report highlights in episode three of Well Grounded. This monthly podcast series is hosted by Jayson Menke…