Despite years of persistently low commodity prices and the COVID-19 pandemic, the mood of some Ninth District agricultural bankers is surprisingly upbeat, according to a recent Federal Reserve Bank of Minneapolis survey. “Most farm customers [are] coping with low prices better than expected,” said a Wisconsin lender, one of several respondents reporting that federal aid programs and low interest rates have taken some stress off agricultural producers.
The Minneapolis Fed’s second-quarter agricultural credit conditions survey…
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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.
