In its August 2020 Ag Letter, the Chicago Federal Reserve Bank of Chicago reported that repayment rates for non-real estate loans in the second quarter were down vs. the same period of 2019.
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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There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.