Farmers borrow larger amounts of money to pay expenses

Across the country, farmers and ranchers are relying more and more on loans to pay their operating expenses, says a quarterly report on agricultural lending. Farm banks issued $88 billion in non-real estate loans during July, August and September, the highest third-quarter total since 1997 when adjusted for inflation. About half of the money went… » Read More

The Ag Insider content is only available to members.