AG CREDIT: Farm Lending Activity Grows Swiftly

#RightRisk #RiskInAg #AgRiskMgt

Graphic of RightRisk Media Post

For more information on the Tenth District agricultural economy via the RightRisk Newsrelease see: RightRisk.org/news.


LENDING AT COMMERCIAL BANKS associated directly with farm production strengthened in the second quarter. According to the Survey of Terms of Lending to Farmers, the volume of new operating loans increased 20 percent from a year ago, which followed a year-over-year increase of 12 percent last quarter. The rise in lending activity was primarily attributed to larger loan sizes at small and mid-sized lenders and was accompanied by a slight increase in average interest rates and slightly longer maturities . . .

Please follow and like us: