Dallas Fed: Farm Machinery, Dairy, Real Estate See Deepest Fall Off for Ag Loans

Bankers in the Eleventh District of the Federal Reserve, headquartered in Dallas, say volatile weather conditions have caused major issues with crop harvesting and livestock health in most of the regions covered by the Fed Bank. The Eleventh District covers all of Texas, northern Louisiana and southern New Mexico. 

Results of its first quarter 2019 survey of ag bankers indicated that prices were “generally weak, particularly for cotton, although livestock prices were more mixed.”

At…

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