Agricultural credit conditions in the Seventh Federal Reserve District declined again in the third quarter of 2019. According to David Oppedahl, senior business economist at the Chicago Fed, repayment rates for non-real-estate farm loans were down relative to the third quarter of 2018, and loan renewals and extensions were up.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.