Agricultural Finance
Latest Updates in Agricultural Finance
Farm lending activity at commercial banks was muted in the third quarter alongside a decline in average loan sizes.
Growth in farm debt remained strong in the first half of 2026 and helped boost financial performance at agricultural banks.
Farm income and credit conditions continued to deteriorate in the second quarter but showed signs of easing.
Agricultural Finance Data
U.S. Agricultural Finance
Ag Finance Update articles summarize the following national agricultural finance data:
- National Survey of Terms of Lending to Farmers - Data on the amount and characteristics of farm loans made by commercial banks.
- Commercial Bank Call Report Data - Selected statistics related to agricultural lending at all U.S. commercial banks.
- Federal Reserve Ag Credit Survey Data - Aggregated statistics from quarterly surveys of agricultural credit conditions conducted by participating Federal Reserve Districts.
Tenth District Agricultural Finance
The Kansas City Fed's Agricultural Credit Survey summarizes current indicators of the financial performance of Tenth District agriculture:
- Credit Conditions - Selected indicators of credit conditions for the Kansas City Fed's quarterly Agricultural Credit Survey.
- Fixed Interest Rates - Data on fixed interest rates for operating loans, machinery/intermediate loans and real estate loans.
- Variable Interest Rates - Data on agricultural variable interest rates for operating loans, machinery/intermediate loans and real estate loans.
- Land Values - Farmland values data from the Kansas City Fed's quarterly Agricultural Credit Survey.
Visit Ag Data and Indicators for additional information.
More in Agricultural Finance
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Muted Third Quarter Farm Lending Activity | -
Further Strength in Farm Loan Growth and Agricultural Bank Financial Performance | -
Farm Finance Deterioration Eases Slightly | -
New Farm Loan Originations Ease Slightly | -
Farm Loan Growth Remains Strong as Lending Shifts at Some Large Banks | -
Continued Resilience in Farmland Values | -
Growth in Farm Lending Activity Persists | -
Strong Farm Loan Demand Supports Ag Bank Earnings |
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Steady Tightening of Agricultural Credit Conditions Persists | -
Sharp Growth in Tenth District Ranchland Values | -
Farmland Values Remain Firm Despite Deterioration in Farm Finances | -
Disparate Conditions in Crop and Livestock Sectors Evident in Credit Conditions |
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Deterioration in Farm Financial Conditions Remains Gradual | -
Interest Expenses on Farmland Debt Could Challenge Farm Profitability | -
How Mergers in the Farm Credit System Have Affected Ag Banks | -
The Impact of Supply and Demand Changes on Non-Real-Estate Agricultural Loans | -
Increased Loan Demand and Higher Interest Rates May Benefit Ag Banks | -
Agriculture Research Hub
The Center for Agriculture and the Economy
Leveraging expertise from the Kansas City Fed, the Center provides timely analysis of industry developments and conducts ongoing research on the agricultural economy.
A continuing commitment to agriculture
The Kansas City Fed has had a longstanding focus on U.S. and global agriculture. The Center for Agriculture and the Economy serves as a resource within the Federal Reserve System on issues related to agriculture and rural areas where production is most concentrated.