As farmers’ profit margins remain low going into 2016, levels of non-real estate farm lending at commercial banks persisted at high levels at the end of fourth quarter 2015. In a recent report, USDA notes while farm sector real estate debt is forecast to increase 6.1% in 2015, non-real estate debt is forecast to grow slightly quicker, rising 6.5%, but will not close the historically large gap between real estate and non-real estate debt.
USDA…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
