Interest Rates for Operating Loans Rise Slightly From All-Time Lows

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Get an update on credit conditions in the agricultural sector by the Federal Reserve in the RightRisk Newsrelease at: https://RightRisk.org/news.

 
Interest rates on agricultural loans made by commercial banks increased slightly for some types of lending, but remained historically low through the first half of 2021.

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Federal Reserve Beige Book Summary on the Agricultural Sector

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Get an update on the agricultural sector by the Federal Reserve in the RightRisk Newsrelease at: https://RightRisk.org/news.

 
The Beige Book is a Federal Reserve System publication covering current economic conditions across the 12 Federal Reserve Districts. It characterizes regional economic conditions and prospects based on a variety of mostly qualitative information, gathered directly from District sources. The latest update was posted July 14th.

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Farm Credit Conditions Show Additional Strength

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Agricultural credit conditions in the Tenth District continued to strengthen in the first quarter of 2021. After a sharp rebound at the end of 2020, conditions in the broad agricultural economy continued to improve alongside additional increases in crop prices. Stronger profit potential for farm borrowers supported a second consecutive quarter of significant increases in farm income, loan repayment rates and farmland values.

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