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Minneapolis Fed: Farm Balance Sheets ‘Increasingly Stressed;’ Bankruptcies on the Rise

Low crop and livestock prices also bleeding through to ag bank loans

November 15, 2018 | Posted in Data & Trends

Source: Minneapolis Federal Reserve Bank

Feedback from farmers, agricultural lenders, suppliers, and other interests in the ag sector, gathered informally by the Minneapolis Fed over the past year or so in meetings and other venues, has suggested that farm balance sheets are increasingly stressed.

Volume of New Farm Loans ‘Steady,’ But Renewals on the Rise

July 21, 2017 | Posted in Data & Trends

The Federal Reserve Banks of Kansas City and Dallas are reporting that demand for farm loans held steady or declined slightly in the second quarter, but renewals and extensions increased somewhat. At the same time, the banks report the interest rate on some loans, including ag machinery, has risen modestly.

Wells Fargo Plans to Increase Ag Lending in 2011

July 23, 2009

Wells Fargo & Co. will boost agriculture lending this year as producers’ costs climb.

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