Headlines

Farm Lending Declines at End of 2019

January 16, 2020 | Ag Finance Databook
Farm lending activity declined for a second consecutive quarter at commercial banks as 2019 closed, according to the Agricultural Finance Databook. 

Farm Finances Continue to Weaken Amid Ongoing Uncertainty

November 14, 2019 | Ag Credit Survey

Farm credit conditions in the Federal Reserve’s Tenth District continued to deteriorate steadily in the third quarter of 2019. 

Farm Lending Slows but Remains High

October 17, 2019 | Ag Finance Databook
Growth in farm lending activity slowed in the third quarter of 2019, according to the Agricultural Finance Databook. 

Crop Prices Give Slight Boost to Weak Farm Economy

August 08, 2019 | Ag Credit Survey, Second Quarter 2019
The Tenth District farm economy remained weak in the second quarter of 2019, but farm income and credit conditions showed some signs of stabilizing.

Agricultural Symposium Resources Available

August 07, 2019 | Ag Symposium
"Exploring Agriculture's Path to the Long Term" featured speakers discussing the factors that are driving or constraining growth in the current ag cycle and how they may differ in the long term. Read a summary article and view videos from all sessions. 

Large Loans Drive Further Increases in Farm Lending

July 18, 2019 | Ag Finance Databook
Growth in the average size of farm operating loans boosted agricultural lending in the second quarter of 2019, according to the Agricultural Finance Databook. 

2019 Agricultural Symposium

July 17, 2019 | Ag Symposium
Speaker presentations are now available from the 2019 Agricultural Symposium. Additional resources will be added in the coming weeks. 

Ag Credit Conditions Deteriorate Steadily

May 09, 2019 | Ag Credit Survey, First Quarter 2019
Farm income decreased across the Tenth District and the trend of steady deterioration in agricultural credit conditions continued in the first quarter of 2019.

Ag Banks Make Adjustments as Lending Remains Elevated

April 18, 2019 | Ag Finance Databook
Demand for agricultural credit remained high and loan volumes continued to increase in the first quarter of 2019, according to the Agricultural Finance Databook. 

The Outlook for Farmland Values Amid Higher Interest Rates

April 10, 2019 | Economic Bulletin
A reduced spread between interest rates and returns to farmland - along with an increase in farmland sales - suggest farmland values could decline further in 2019. 

Farmland Values Stable, but Risks to Outlook Remain

February 14, 2019 | Ag Credit Survey, Fourth Quarter 2018
Farmland values in the Federal Reserve’s Tenth District held steady in the fourth quarter of 2018 despite risks to ongoing stability, according to the Kansas City Fed’s quarterly Agricultural Credit Survey.

Lower Income Continues to Pressure Farm Finances

November 15, 2018 | Ag Credit Survey
Farm income and credit conditions continued to deteriorate in the third quarter of 2018, according to the Tenth District Survey of Agricultural Credit Conditions.

Large-Scale Financing Drives Ag Lending Activity Higher

October 18, 2018 | Ag Finance Databook
Large operating loans made by large agricultural banks led to a significant increase in farm lending in the third quarter of 2018, according to the Agricultural Finance Databook. 

2018 Ag Symposium Papers Available

October 03, 2018 | Ag Symposium
Visit the 2018 Ag Symposium page to view resources from this year's symposium. A special issue of Economic Review, featuring a foreword from Bank President Esther George and speaker papers, is now available. 

A Tale of Two Economies: Farmers Struggle Despite Strong U.S. Economy

By Suzanne Jenkins, Senior Policy Analyst, Federal Reserve Bank of St. Louis and Nathan Kauffman
September 28, 2018 | Ag Outlook
At a time when the overall U.S. economy continues to boom, the U.S. agricultural sector has continued to struggle amid falling farm income and deteriorating agricultural credit conditions.

Mapping Stress in Agricultural Lending

September 05, 2018 | Economic Review
Stress in agricultural lending, measured by repayment rates for farm loans, spike across the Tenth District in 2016. 
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2019 Ag Symposium

The 2019 Agricultural Symposium, Exploring Agriculture's Path to the Long-Term, took place July 16-17 in Kansas City. Learn more. 

Past Agricultural Symposiums

Speeches

Oct 17, 2019 | Agricultural Economic Update

By Cortney Cowley

Oct 17, 2019 | U.S. and Nebraska Economic Update

By Nathan Kauffman

Oct 11, 2019 | Agricultural Economic Outlook

By Nathan Kauffman

Oct 7, 2019 | A Macroeconomic View of Protein Markets

By Nathan Kauffman

Aug 26, 2019 | Central U.S. Economic Outlook

By Nathan Kauffman

Agricultural Finance Databook

Quarterly report that compiles national and regional agricultural finance data, including national data on term lending to farmers, quarterly Call Report data on national agricultural lending, and data on agricultural land values and credit conditions from quarterly Federal Reserve Bank surveys. 

Agricultural Credit Survey

Quarterly survey that provides current indicators of the financial performance of Tenth District agriculture, including farmland values, interest rates on farm loans, and credit supply and demand. 

Outlooks and Research on the Agricultural Economy

Ongoing research and analysis from the Kansas City Fed highlighting developments in the agricultural economy. 

Agricultural Symposium

Annual conference that brings together business and banking leaders, government officials and policymakers, and academics to explore a topic relative to the agricultural industry. 

Congressional Testimony

May 25, 2017 | U.S. Senate Committee on Agriculture, Nutrition, and Forestry
February 15, 2017 | House Committee on Agriculture 
March 1, 2016 | U.S. Senate Committee on Appropriations: Statement on Economic Conditions in the Farm Sector
June 2, 2015 | House Committee on Agriculture Subcommittee on General Farm Commodities and Risk Management