Kansas City Fed: Ag lending and interest expenses increase for farmers
Story Date: 2/6/2018

 

Source: FARM POLICY NEWS, UNIV. OF ILLINOIS, 2/4/18


An update on Friday from the Federal Reserve Bank of Kansas City (“Agricultural Lending Increases, As Do Interest Expenses for Farmers,” by Cortney Cowley  and John McCoy) stated that, “Lending at agricultural banks increased sharply in the fourth quarter, after appearing to stabilize in previous quarters. Large loans drove the increase in farm lending, which may heighten concerns about cash flow in 2018 as interest rates have continued to rise steadily.”

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