The Kansas City Fed reports the total volume of non-real estate farm loans in the third quarter was more than 30% higher than one year ago, which follows steady increases earlier in the year and also represents the largest annual percentage increase in any third quarter since 2002. The report analyzes the findings of the National Survey of Terms of Lending to Farmers.
Although this spike in farm lending was driven primarily by operating loans…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
