Regional Farm Real Estate & Non-Real Estate Debt Trends Since 2017.jpg

Farmers in Midnorth Account for 35% of Commodity Revenues, 42% of Total Debt

U.S. farm debt usage patterns vary regionally with farmers in the Midnorth easily being the biggest borrowers. 

According to The Feed, Farmer Mac’s Quarterly Perspective on Agriculture (Winter 2018), debt that is secured by farm real estate and buildings reached $268 billion in June 2018, a 5.4% increase over 2017 levels and continues to rise. Non-real estate debt, typically used for annual agricultural production and secured by other farm assets such as equipment or…

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