Federal Reserve Bank

Farm Loans Soar as Ag Economy Deteriorates
Farm Loans Soar as Ag Economy Deteriorates
Farm Loans Soar as Ag Economy Deteriorates
According to a report from the Federal Reserve Bank of Kansas City, farmers are taking out loans at a rate and scale not seen in years as weakened crop prices weigh on the agricultural sector.  The report said the volume of new operating loans increased at its fastest pace since 2017, with commercial banks issuing 40% more of these loans to farmers over last year.     ...
Will The Strength Of The Farm Economy Remain?
Will The Strength Of The Farm Economy Remain?
Will The Strength Of The Farm Economy Remain?
The agricultural economy is still quite strong in 2022, but how long will it last?  Nate Kaufman, vice president and Omaha bank executive for the Federal Reserve Bank of Kansas City, said farm incomes are still in good shape.   “Economic conditions in agriculture are remarkably strong.  And I want to star...
Kauffman Expects Slowdown In Farm Economy
Kauffman Expects Slowdown In Farm Economy
Kauffman Expects Slowdown In Farm Economy
When it comes to the overall farm economy, a Federal Reserve official recently told Congress he anticipates a slowdown later this year or early next.  Kansas City Federal Reserve Bank Vice-President Nathan Kauffman told House Ag lawmakers that farm credit conditions have strengthened over the past two years thanks to rising commodity prices and land values.  But the...
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 Lending Activity Accelerates in Early 2022
Farm Lending Activity Accelerates in Early 2022
Farm Lending Activity Accelerates in Early 2022
The Federal Reserve Bank of Kansas City said farm lending activity at commercial banks increased during the first quarter of 2022 due to a significant increase in the size of operating loans. With some input costs surging in recent months, the volume of operating loans increased sharply from a year ago, and non-real estate lending increased on a rolling four-quarter basis for the first time since
Lower Income Continues to Pressure Farm Finances
Lower Income Continues to Pressure Farm Finances
Lower Income Continues to Pressure Farm Finances
According to the most recently Federal Reserve Bank survey, farm income and credit conditions continued to deteriorate in the third quarter of 2018.  The Tenth District Survey of Agricultural Credit Conditions shows more than half of bankers reported lower farm income compared to a year ago, and the decline in farm income was sharpest in states with higher concentrations in corn and soybeans.  The
Fed Reserve: NAFTA 2.0 Won’t Help Dairy Industry
Fed Reserve: NAFTA 2.0 Won’t Help Dairy Industry
Fed Reserve: NAFTA 2.0 Won’t Help Dairy Industry
The NAFTA replacement will not benefit dairy farmers, according to the Federal Reserve Bank. A report by the Federal Reserve says gains made by the new U.S.-Mexico-Canada Agreement that will replace NAFTA are “too small and too far in the future to help dairy farmers.” The...