Ag Credit Conditions Deteriorate Steadily
Nathan Kauffman and Ty Kreitman
The Cattle Business Weekly
Farm income decreased across the Tenth District (which includes the states of Colorado, Missouri, Kansas, Nebraska, New Mexico, Oklahoma and Wyoming by the Federal Reserve Bank) and the trend of steady deterioration in agricultural credit conditions continued in the first quarter of 2019. With low income weighing on farm finances, the pace of decline in farm loan repayment rates increased slightly.