non-real-estate farm loan

Farm Lending Increases in 4Q18; Machinery Loans Nearly Doubled Last Year

The volume of non-real estate farm debt continued to increase in the fourth quarter of 2018, according to Nathan Kauffman, vice president and Omaha branch executive and Ty Kreitman, assistant economist at the Kansas City Federal Reserve Bank. Kauffman was the guest presenter for Ag Equipment Intelligence’s winter webinar in October.

The increase was driven by growth in operating loans, which reached a historically large average size, it was reported in the KC Fed’s Ag…

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