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Financial Stress in Farm Sector Shows Slow but Steady Increase

November 10, 2016
A slow but steady rise in financial stress in the farm sector continued in the third quarter of 2016 as income in the sector remained low. 
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Third Quarter: Banker Comments from the Tenth District

November 10, 2016
Read comments from Bankers across the Tenth District.

A total of 201 banks responded to the Third Quarter Survey of Agricultural Credit Conditions in the Tenth Federal Reserve District—an area that includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, the northern half of New Mexico and the western third of Missouri. The survey panel consists of about one-third (360) of the Tenth Federal District's agricultural banks selected according to geographic distribution and size. Agricultural banks are those with a greater percentage of agricultural loans in their loan portfolios than the national average of about 15 percent. Survey results summarize several indicators of farm financial conditions, including farmland values, interest rates on farm loans, and credit supply and demand.