Source: Chuck Abbott, SUCCESSFUL FARMING, 3/4/21


Heartened by sharp increases in commodity prices, farmers and ranchers across the Midwest and Plains are paying off bank loans and opening their wallets for big-ticket purchases, said a report from the Federal Reserve on Wednesday based on surveys of ag lenders. “Dramatic improvements in crop prices drove the sharpest turnaround in agricultural lending conditions in more than a decade.”

For more of this story, click here.