Dallas Fed: 3Q18 is 12th Consecutive Quarter for Declining Ag Loan Demand

Demand for agricultural loans overall decreased for the 12th consecutive quarter in the district served by the Federal Reserve Bank of Dallas, according to the bank’s third quarter survey. The Dallas Fed district includes Texas and parts of Louisiana and New Mexico.

According to the recent quarterly agricultural credit conditions survey, a net 7.2% of respondents reported demand for non-real estate farm loans decreased in the third quarter relative to the same time period last…

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