Federal Reserve: Bank of Minneapolis: "Repayment Risks Grow as Farm Income Declines and Farmland Loans Reprice"
December 13, 2024
December 13, 2024
MINNEAPOLIS, Minnesota, Dec. 13 -- The Federal Reserve Bank of Minneapolis issued the following analysis on December 4, 2024, by Tait Berg entitled "Repayment risks grow as farm income declines and farmland loans reprice.":
Here are excerpts:
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A challenging farm economy creates repayment risks for the least-profitable agricultural producers as their loans reprice.1 Interest rates have increased, resulting in higher payments on farmland loans . . .
Here are excerpts:
* * *
A challenging farm economy creates repayment risks for the least-profitable agricultural producers as their loans reprice.1 Interest rates have increased, resulting in higher payments on farmland loans . . .