Few Farm Borrowers Seen as ‘High Risk’

Amid ongoing weakness in commodity prices, Midwest and Mid-South farm income and quality farmland values continued to decline during the first quarter of 2016, according to the latest Agricultural Finance Monitor published by the Federal Reserve Bank of St. Louis (8th District) on May 12.

Despite this, bankers surveyed said very few of their borrowers presented major repayment problems.

The bankers were asked to indicate the percentage of the dollar amounts of their farm loan…

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