Although weaknesses persist, farmers borrow less money

Farmers and ranchers are taking out fewer loans from agricultural banks, and asking for smaller amounts of money when they need cash to pay for equipment, livestock or day-to-day expenses, said the Federal Reserve in its quarterly Agricultural Finance Databook. “Weaknesses in the sector persisted, continuing to pressure farm cash flows and agricultural credit conditions,”… » Read More

The Ag Insider content is only available to members.
Exit mobile version