Ag Credit Survey: Stronger Farmland Values Support Farm EconomyFri, 14 Feb 2020 10:02:26 CST
Strength in farm real estate markets provided support to the agricultural sector amid ongoing financial challenges. According to the Tenth District Survey of Agricultural Credit Conditions, nonirrigated cropland
values and cash rents increased slightly in the fourth quarter. Credit conditions in the District remained weak, but deteriorated at the slowest pace in more than four years.
Despite some signs of stabilization, geographic disparities persisted across the region. Land values were stronger on the eastern side of the District, while farm income and credit conditions
were weaker in the west. Bankers commented that trade relief payments provided notable support to farm finances in 2019, but many also indicated that underlying weaknesses in the sector
continued to be driven by low agricultural commodity prices.
You can Read More in the Fourth Quarter Ag Credit Survery, HERE.
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